CDRD (CD Radio) Message Board

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Technology Stocks : CDRD (CD Radio)

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To: Candle stick who wrote (418)	11/29/1997 2:28:00 AM
From: Dale Baker	Read Replies (1) of 904

CS, let's play devil's advocate here for a moment. I always find it useful when I'm convinced about a stock's direction. What could cause a sudden turnaround in CDRD? --Major backing from a major media or broadcasting player. Apart from Loral, who can always repossess their satellites, I haven't heard any mention from anyone except CDRD thinking that this is a hot, profitable venture. --A short squeeze. Seems they tried this and it sputtered. The extra shares on the market make it that much harder now. --An announcement from a major manufacturer that CDRD-compatible receivers will be manufactured, coupled with major car companies saying they will offer them as an option. Unlikely. I can't think of much else. I think I'll sleep well with my CDRD position. Did I leave anything out?

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