Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Eric Klein who wrote (7079)	11/16/1997 2:08:00 PM
From: Dale Baker	Read Replies (1) of 9285

The best part is they plan to charge $10 per month. Cable TV companies get three or four times that. I shorted through ETrade at 15 and 23 in June and September. I think this recent deadline dried up all the shares available for shorting. I have been waiting to see mine called away but they never were despite one warning that ETrade might call back a few one day. Chicken and egg is right. Loral will do OK because they can foreclose on the satellite and the FCC license if necessary. David Margolese is either ambitious, stupid, greedy or some combination of the above. I own stocks with real earnings that trade at a third of CDRD's price. Investors aren't supposed to be emotional but I will truly enjoy watching CDRD tank one day.

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