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Technology Stocks : CDRD (CD Radio)

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To: Candle stick who wrote (186)8/17/1997 4:54:00 PM
From: CJ Quantumwell   of 904
 
To All,
Two events may contribute CDRD's recent runups.
1. PR of July 22/97, CDRD announced that it has obtained a credit facility of $105 M from Arianespace Finance S.A.
2. On PR of Aug 5/97, CDRD announced that is has obtained $45M in financing from Loral Space& Communications.
Can anybody estimate how much more money they need to do in financing? It seems to me a $105 M credit is not bad at all.

CJ
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