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Technology Stocks : CDRD (CD Radio)

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To: AJ Berger who wrote (599)4/19/1998 3:35:00 PM
From: Dale Baker   of 904
 
I agree CDRD is a risky short right now. However, if most of the shorts have covered, there would have to be some serious $$$ on the long side to fend off a new wave of shorts. Maybe CDRD's backers and/or the hype could do that. I am not going to get squeezed just to find out.

But in general, lots of short covering can spell the end of a meteoric rise, not the beginning. Off to check CDRD's short interest the last few months.
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