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Technology Stocks : CDRD (CD Radio)

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To: murph who wrote (328)	11/15/1997 8:20:00 PM
From: Ploni	of 904

OFF-TOPIC other shorts Murph, Avant! (AVNT) may eventually decline because of their legal problems. I shorted them at 34, but covered too early, at 28 5/8. They've since dropped to 23 1/4, and have now bounced to 26 3/4. I may try to re-establish a short position, if the stock bounces a little more, to 28 or 29. I'm not set up to do any day trading, but if I ever free up some money, I'd like to go to my local day trading outfit and give it a shot. AVNT may be a good one to play with, as it is volatile. I wouldn't ride it up with a long position on the bounces (because I'm expecting a sudden collapse one day), but I'd be happy to short it and try to cover for a point or two each day. - Charles

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