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Technology Stocks : CDRD (CD Radio)

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To: sammy levy who wrote (368)11/21/1997 8:46:00 AM
From: BARRY ALLEN  Read Replies (2) of 904
 
Who says a stock has to have revenues in order to appreciate??? That would have you shorting most of the emerging Biotechs, Hitechs etc! Price is related to future revenue/earning prospects. CDRD has a product and a license and the closer they get to puttting it on the market will cause price appreciation. Then you can short based on attaining actual revenues/earnings. Their Satelite is being built by Loral and if they get some orders for product and some major backer, then we will see more appreciation. Some big players must think CDRD is a $20 stock and not a $4.00 one or this would tank in a straight line downward. Btw, there are much better shorts on the market than CDRD. SHORT SQUEEZE coming!

CDRD is engaged in the development of a subscription based satellite radio system for the nationwide broadcast of 30 channels of commercial-free, compact disk quality music, all-news, all-sports and all-talk programming. biz.yahoo.com
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