mp3.com to fall off nasdaq
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 mp3.com to fall off nasdaq
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| #1
Snake Crew Guru Posts: 156 |
posted 03-06-2001 06:50 PM
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so much for that revolution Kenny they will become a penny stock by the time tax season roles around. [This message has been edited by Snake Crew (edited 03-06-2001).] IP: Logged |
| #2
KennyLee Guru Posts: 1585 |
posted 03-06-2001 07:07 PM
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Thanks for the link, Rene. Since I already posted a reply there? This is real easy. reprint: The stock is so low because of mounting damages from the my.mp3.com legal case. My.MP3.com was a terrible mistake, is a terrible mistake, and will continue to be a terrible mistake. MP3.com wasted it's $400 million dollar bankroll on a project that would not be successful even if it was legal. The difference between what Napster does (connect users) and what MP3.com did (store content on it's servers) is a tremendous blunder. A blunder that will possibly drain this company dry until it's creditors take it over. But hey, Marvel Comics went bankrupt and Spider-Man is making a movie. So, it could all work out for the super-heroes on MP3.com. Just bad for the existing stockholders and management is all. :end of reprint *see how fast that came in* ------------------ IP: Logged |
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