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Technology Stocks : CDRD (CD Radio)

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To: Dale Baker who wrote (412)	11/26/1997 3:43:00 PM
From: Candle stick	Read Replies (3) of 904

Only real buyer the last 2 days has been Merrill Lynch....since they did the secondary, all I can imagine is that they have their sales force working overtime to sell CDRD to clients in order to keep CDRD price above the secondary issue at 18.....would really be bad PR for future sales for ML if the price tanked immediatly after the secondary. I actually was expecting a pop up of about 2 points after the secondary to keep everyone happy, but apparently they were unable to muster that kind of support.......I think December will be a great month for the shorts in CDRD.....happy thanksgiving to all....;^)

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