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 CDNow (CDNW) (Page 6)
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| Author | Topic: CDNow (CDNW) |
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Scott McCormick |
posted 12-02-1998 11:26 PM
 
CDNow 10% shareholder Alan Meltzer filed to sell 225,000 shares of common stock between October 27 and October 29 with a market value of about $1.9 million, according to a Form 144 released by the SEC. Meltzer owned 1,712,594 shares as of 4-Mar-98. If he doesn’t want the stock when it’s at 9, why should I want it now that it’s at 20? |
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Jerry Mander |
posted 12-02-1998 06:32 PM
I don’t think this buys them very much time. By the time the acquisition is complete, Amazon will certainly have passed them by. |
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Lee R |
posted 12-01-1998 05:04 PM
With the N2K acquisition, they nearly double their size. This should enable them to more successfully compete with Amazon. |
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Jerry Mander |
posted 11-25-1998 03:49 PM
Amazon was able to leverage its existing book sales to catch up to CDNow in 3 months. That’s pretty bleak news for CDNow. |
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Jane Doe |
posted 11-25-1998 11:22 AM
Revenue growth is nice, but I would feel much better if the quarterly losses were shrinking rather than growing. |
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Carol Dillon unregistered |
posted 11-23-1998 09:19 PM
Highlights from the 10/23 earnings report: revenue for the quarter was $13.9 million, up 255% from the same quarter last year. The company lost 74 cents per share in the quarter. Overall site traffic grew 16% in the quarter. |
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Mayor of Investorville Administrator |
posted 11-14-1998 12:17 PM
CDNow Inc. is an online retailer of compact discs (CDs) and other music-related products. The Company strives to combine the advantages of online commerce with superior customer focus in order to be the authoritative source for CDs and other music-related products. The Company contracts with outside warehouses for fulfillment services to deliver products to customers. Therefore, the Company maintains no inventories. (source: annual report) For detailed research on this stock, visit http://www.investorguide.com/cgi-bin/research.cgi?name=CDNW |
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