PRINCETON, N.J., Sept. 22, 2004 (PRIMEZONE) -- FindProfit (www.findprofit.com), an investment service that delivered a +67% audited return in 2003, announced today that it has provided to trial and paid subscribers investment analysis of the digital music space, including coverage of Roxio (Nasdaq:ROXI) and Apple (Nasdaq:AAPL).
FindProfit's investment outlook examines recent developments in the online music space, including coverage of Yahoo (Nasdaq:YHOO) and RealNetworks (Nasdaq:RNWK).
"ROXI is selling its traditional cash flow driver in its software business to focus exclusively on another business, Napster, that has never been profitable in its history," FindProfit.com editor Matt Ragas said.
"On the upside, ROXI has now taken the short term further dilution/financing risk out of the story, the Yahoo-MusicMatch deal could spark more deal making in the space, and the street's expectations for Napster remain low."
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FindProfit's investment outlook examines the following questions:
-- Is ROXI now an acquisition target? If so, what companies
would be interested?
-- Is ROXI's improved guidance a result of its soon-to-be
disposed of software unit, or better performance at its
Napster business?
-- Will competitive pressures begin to impact AAPL's digital
music business soon?
-- How will YHOO utilize its newly acquired MusicMatch asset?
-- How can RNWK extract value from its digital music business?
And More
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