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Technology Stocks : AHWY -- AudioHighway.com -- Ignore unavailable to you. Want to Upgrade?


To: BIG INVESTOR who wrote (342)4/15/1999 2:58:00 AM
From: Sanjay Varma  Read Replies (2) | Respond to of 399
 
As a disclosed shorter of AHWY, the massmusic acquisition makes me feel a little, shall we say, queasy about tomorrow's action.
But I feel compelled to point out that massmusic is not even an also-ran in online music retail sales. That's why every poster to this board has never heard of them, nor bought music from them. Their customer base is miniscule. That's why AHWY is paying only 20,000 shares plus $200,000 in cash for them. You get what you pay for. Does this deal really justify an additional $10 million market cap for AHWY? To quote from King Lear, "Nothing comes from nothing."
-Sanjay