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.

Non-Tech : Valley Media (VMIX) IPO -- Ignore unavailable to you. Want to Upgrade?

To: Impristine who wrote (118)	5/11/1999 11:11:00 PM
From: Paul Hackett	Read Replies (1) \| Respond to of 298

Impristine, your sarcasm makes a very good point. I'm content to hold and accumulate at these levels. Since some of the recent PR's didn't create much interest, I'll guess we'll have to wait for the earnings release. What's great about this stock is that they release their earnings after AMZN and CDNW (biggest online customers) so it makes it a little easier to measure their quarterly New Media growth. Amazon reported a 35% sequential growth in sales, but I saw no specific references to music or video-related sales growth. CDNow did not grow at that rate, but they were also coming off a huge X-mas quarter, making it difficult when coupled with the merger, et al. An unknown factor is all the second-tier online music and video retailers. It's not known how well they faired, but one has to suspect that they would grow at exponential levels - given that most are newly or recently formed businesses. Let's hope for the best.