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Technology Stocks : CDRD (CD Radio)

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To: Ploni who wrote (404)11/25/1997 12:17:00 PM
From: Candle stick  Read Replies (2) of 904
 
FYI, the only buyer in CDRD today has been Merill Lynch. I guess they feel obligated to try to support the price since they did the secondary.....sellers include Smith Barney, Fahnstock, Lehman and Herzog to name just a few, as well as someone offering on Instanet all morning....price 18 1/4. When the secondary price of 18 breaks there should be a fast decline..........;^)
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