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

To: American Spirit who wrote (1147)4/29/1999 10:16:00 AM
From: Ken  Read Replies (1) | Respond to of 1465
 
I agree with you, A.S. We have seen the bottom in the 13's. Now we begin the very slow road up. A lot of people will be dumping their shares on the way up (foolish, IMHO, but it will happen).

What we need is an absolute blowout earnings report--with a revenue growth "rate" higher than Amazon. Now that would like a fire!



To: American Spirit who wrote (1147)4/29/1999 10:53:00 AM
From: Rommy B.  Read Replies (1) | Respond to of 1465
 
single digits?
That is not my prediction, I am long on CDNW, but this is the downside if earnings are way off (which I don't think they will be) and/or there is another major internet drop.
I share your enthusiasm for CDNW and I put my money where my mouth is, but we cannot simply discount the downside merely because of our optimism.


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