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Technology Stocks : CDRD (CD Radio)

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To: BARRY ALLEN who wrote (392)11/23/1997 6:54:00 AM
From: Jim Miller  Read Replies (1) of 904
 
Barry:
Thanks for posting.
You are certainly correct that the short term is a crapshoot, and that loral is in play. Space stories also sell well, whether true or not.
Here's a thought I had, that might fit your viewpoint:
One would be making a mistake to assume that, because CDRD's business plan and time frame look unworkable, that the company is stupid.
The current dilution will(or should) prompt some damage control from the company. Press release, road show, new product announcement,---something substantial could turn it around. Blatant hype, or other PR without substance will just show that the emperor has no clothes, and tank it further, I think.
What say?
Where's the Beef? Do they have any beef?
Jim
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