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Technology Stocks : CDNow (CDNW) -- Ignore unavailable to you. Want to Upgrade?

To: KevinThompson who wrote (1067)4/15/1999 1:00:00 PM
From: American Spirit  Read Replies (1) | Respond to of 1465
 
Something's cooking here! Of course CDNW was already beaten down but someone's buying bigtime on a down-down day when all the other nets are weak. I read Time Warner's CEO denied needing to takeover any net companies. Why the denial in public? To keep the price low? Last time I heard such a denial was my first stock buy ten years ago when Ted Turner declared publicly he had no interest in buying MGM. My lawyers represented MGM and were busy all day. I bought and it went up 80% the next day. Turner did buy. Hmmm. CDNW being taken over? I'm tempted to clear some cash but I'm not selling.



To: KevinThompson who wrote (1067)4/15/1999 2:54:00 PM
From: Jor-El  Read Replies (1) | Respond to of 1465
 
Somebody is going to want all those CDNow site hits for their own. It's still ranked 3 or 4 on Hot100.com listing of shopping sites.
Music is and will always be hot - if CDNW can't make money doing it - someone will buy their customer base and try to do it themselves.

Either way this stock will eventually have it's run. Maybe now.


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