We report results of ab initio calculations of the dynamical density r
esponse in CdTe, CdS, and CdSe. The calculated loss functions in all t
hese semiconductors are rich in fine structures and show a rather unus
ual, negative dispersion of the loss peak due to the interaction of in
terband transitions with the plasmon. The detailed shape of the loss f
unction in these compounds is strongly affected by various factors, su
ch as the presence of occupied semicore Cd-4d states, the self-energy
effects which shift down these states to the experimentally observed p
osition, and electron-hole Vertex corrections in screening.