Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (37621)	4/30/1999 4:46:00 PM
From: Jenna	Read Replies (1) \| Respond to of 120523

marketgems.com This weeks Earnings Plays newsletter.. Its a good opportunity to practice downloading the Acrobat reader so Sunday you will get the new one and it will be a cinch. Its much better format than HTML.. Something very interesting happened from Monday, seems like a few dozen subscribers did not understand that the newsletter was not a magazine like Business Week but something "dynamic' that you traded daily for swing trades or large range daytrades (AOL, NTBK, etc). They thought it was like a general investment magazine. I got e-mail asking 'where the plays were' that we discussed on SI and they changed their subscriptions over to premium. But if you can't follow both the newsletter and watch lists than I would not go premium. The newsletter is a lot like the watch list.. except that the newsletter stocks have strong EPS growth or revenue growth, and there is more volatility based on anticipation. They can also be short term holds. The watch list plays are solely momentum plays. Stocks on the verge of breaking out. Otherwise the newsletter and watch lists are somewhat similar and should be traded like you would trade your own watch lists. Which means based on indicators breakouts, support/resistance lines, and pattern breakouts. Its really like the title of the thread. Stocks with strong earnings (Newsletter) and High Technical Rank (Watch Lists)

To: Jenna who wrote (37621)	4/30/1999 6:35:00 PM
From: American Spirit	Read Replies (1) \| Respond to of 120523

CDNW - Jenna, here it is in case you haven't seen this. NEW YORK (CBS.MW) -- CDnow's stock spiked 21 percent on Friday on renewed speculation the Internet music vendor is a takeover candidate. CDnow (CDNW: news, msgs) jumped 3 7/16 to 19 3/8 with 4.5 million shares changing hands -- some six times its average daily volume -- as talk circulated that Time Warner (TWX: news, msgs) or BMG, a unit of Bertlesmann, was nearing a stock-based deal to acquire the company. Officials from the Jenkintown, Pa.-based company were mumt. "We don't comment on market rumors," said spokeswoman Merlo Zoda. CDnow, which completed its merger with New York-based rival N2K this year, has been seen as a merger partner before. "There has always been speculation that it could be Time Warner," noted analyst Steve Frankel at Adams Harkness. "On their own, they've been fairly sleepy," said Stephen Hall at venture capital firm Prospect Street Partners. "If a media company wanted to build an Amazon-like platform -- CDnow makes sense, given its multiple" Some analysts say that the $335 million company has become more vulernable as Amazon.com (AMZN: news, msgs) moves quickly into selling music online. "In the retail space, especially when it comes to content which is digital, there's really only room for one or two players, and CDNow, on its own, cannot compete against Amazon," said Scott Appleby at ABN Amro. "They'll need some muscle in the virtual world." The Amazon.com specter plays a big part of CDnow's valuation, which looks cheap compared to other e-tailers at 2 times forward-looking sales, and given the growing popularity of music online. CDnow sales growth? CDnow is posting sales growth, but not at the explosive rate that investors are pricing into the leading players on the Internet, analysts noted. CDnow and N2K combined sales last year totaled $100 million, according to Friedman Billings & Ramsey, which expects sales of $167 million this year, a 67-percent increase. Amazon's music sales totaled some $40 million in the first quarter, Merrill Lynch estimates. Appleby expects Amazon's fourth-quarter sales were $33 million. The First Call consensus estimate for CDnow sales for the first quarter are $21.3 million, typically the slowest quarter for sales of the year, but nonetheless well below's Amazon.com's for the quarter. CDnow is scheduled to report its first-quarter results on May 5. Analysts surveyed by First Call are looking for a $1.03 per share loss vs. a 78-cent loss a year ago. Friedman Billings & Ramsey is looking for a $1.10 per share loss.