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Technology Stocks : CDRD (CD Radio)

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To: Russian Bear who wrote (190)8/19/1997 11:13:00 AM
From: Dale Baker   of 904
 
Just a guess - it's called the end of a squeeze. Most of the folks short around 15-16 hit their stop-loss orders and the sleazy brokers pushed the stock in small blocks to the unwary all the way up to 20. Now it's not looking so sexy and there's no more support.

Hang on and ride it out. Sooner or the later the foreign convertible shareholders will start flippin'.

I'm enjoying watching this one. Good luck.
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