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Technology Stocks : CDRD (CD Radio)

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To: RMiethe who wrote (849)7/13/1999 8:02:00 AM
From: Mark Marcellus  Read Replies (1) of 904
 
CD Radio needs only $35 million more to be fully funded. It has raised $1.1 billion.

I doubt that anyone really cares, but just to set the record straight, CDRD's magic number is currently at about $238 million. That's $138 million through 2000 and an additional $100 million through the first year of operation. This number is subject to the usual ifs, ands, or buts. This according to the S-4 filed 7/2/99.
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