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Technology Stocks : CDRD (CD Radio)

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To: Kailash who wrote (20)	4/8/1997 8:10:00 AM
From: Eman03	of 904

I got in purely on a friend's advice, and I paid for it. I got in at around 12 back in the fall when the first rumor of the auction took place. It didn't happen and I rode it down to 3. When it got back up to 6, I sold half my position and waited until recently to dump the rest. From what I can tell, implementation isn't for at least 2-3 more years. My best guess is that you have plenty of time until this baby will start making money. The thought is that they will market this to more affluent folks who will have very mini-satellite dishes attached to their antennae. It will be like wireless cable for your car for a price of around $10 per month. Personally, I would love something like this if I can get national sports events in my car. Beyond that, I would have no interest but I'm sure there are others who would like news, weather, etc. I don't watch it close enough to see specific trades. I have a real job during the day. However, I have a question for you. What tools to you use to determine that there were 3 trades for 100,000 each. All I see is the volume at the end of the day. Evan

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