CDnow !!! 02.06 106% in USA - 500 Beiträge pro Seite

[mis]

Wer weiß was da los ist ???
Am Freitag waren die Tagesgewinner mit 110,8% und stehen
bei 4,88$--bei uns nur 4,00€

Ist das ein Kauf ? Bitte um eure Meinungen

thanks m.i.s

[mis]

Kennt keiner die Aktie???

[mis]

UPDATE 1-CDNow sees merger or investor by June, stock surges (rewrites throughout, updates share price, adds details)

NEW YORK, June 2 (Reuters) - Shares of CDNow Inc. <CDNW.O> more than doubled on Friday after the cash-strapped online music retailer said it expected to announce a deal with a merger partner or investor this month.

CDNow shares were 2-9/16 higher at 5 in midafternoon trading on the Nasdaq. The 111 percent gain made the stock the market`s percentage-gain leader on day when the Nasdaq composite index had surged by more than 6 percent. CDNow`s trading volume was almost nine times higher than its daily average.

The share price has tumbled from a 12-month closing high of 23-1/4 in July amid concerns that it could be among the first Internet retailers to fall victim to an industry shakeout.

In a statement on Friday, President and Chief Executive Jason Olim said Fort Washington, Pa.-based CDNow had "attracted a number of interested investors ... We are on schedule with our investment process, and we expect to announce a deal with a merger partner/investor" by June 30.

The company has compiled a short list of prospective investors and merger partners from more than two dozen companies that expressed interest in CDNow.

CDNow said in March that it was seeking a merger partner or investor. That month the company said it could not show it had enough cash to make it through the year, and set up a cost-cutting plan to trim operating expenses by more than $12 million a quarter.

It posted a wider-than-expected first-quarter loss last month of $28.2 million, or 92 cents a share, on revenues of $43.6 million.

Goldman Sachs analyst Anthony Noto said Thursday that CDNow and online grocery retailer Peapod Inc. <PPOD.O> were among companies likely to fall victim to an Internet shakeout.

CDNow also said Friday it averaged 4.7 million visitors a month for three months ended in April, a 6.3 percent rise from the same period a year before.

((--Ian Simpson, Wall Street desk, [phone]))

REUTERS

m.i.s

[principessa]

Hi,
nachbörsliche Kurse in USA über 5 US$, s. Yahoo.
Momentan finde ich cdnow genauso spekulativ wie die Baan. No doubt.
Würde gerne reingehen, habe aber schon zu viel verspekuliert für ein weiteres großes Risiko. Trotzdem: STRONG WATCH.