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Technology Stocks : CDRD (CD Radio)
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To: Peter Yang who wrote (32)4/15/1997 6:47:00 PM
From: Kailash   of 904
 
Hi Peter -

You may have been right to cover; however, if you look at the chart, CDRD stayed around 11 - 13 once before, during May and the first half of June last year. Six months later it was 4. I'm guessing it will test the 13 - 14 limit a few times, but since no money will be coming in for a couple of years, I don't really see it taking off. Since it's hard to catch the peaks, I prefer to just wait it out.

Kailash
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