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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Redhook who wrote (13767)5/3/1999 10:40:00 PM
From: AlienTech  Respond to of 43080
 
>>I like CDNW and GMGC for tomorrow.<<

Not sure I should be scared or not..
But I bought in at the close for a point lower than it said it closed at. Now if I had kept my original shares I bought at 15 I woudnt worry, but but but.. Seems AMZN hurt ONSL and now CDNW is hurting AMZN. I am wondering if RNWK will be the one buying CDNW, The CEO said online music retailers will be big and said things to the smallers ones will disapper and the biggers ones will merge yadda yadda.. And with the new web site due out like in a few weeks with streaming music downloads etc.. It is either YHOO/BCST or RNWK who can integerate this into their business plan right away.. Now the big question is for how much.. Some internet companies trade at traditional values like CDNW/ONSL etc while others trade at levels that just makes no sence.