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Technology Stocks : CDRD (CD Radio)

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To: JOE who wrote (49)4/22/1997 8:38:00 AM
From: Mike 2.0   of 904
 
Hello to all, FWIW, I just rec'd mailing from CDRD (still on old mailing list I guess) and Unterberg Harris has CDRD as a speculative buy; 12-mo target price of $20-24, if I recall correctly. Granted, they are a MM for CDRD, but just a heads up they are really trying to move the stock. Pretty strong rhetoric too; said something like "one of the most compelling opportunities we've ever seen" or some such. Also, is CDRD marginable now? If not, when can it be? Just some devils advocate Q's wrt future possibility of a short squeeze here. I have no position in CDRD; just intrigued by the business. Good luck.
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