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Technology Stocks : CDRD (CD Radio)

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To: Allan F who wrote (439)12/1/1997 11:37:00 PM
From: BARRY ALLEN  Read Replies (1) of 904
 
To Allan & Candlestick.....Relax! It's hard being in a den of shorts. When I went long 2 weeks ago I was banking on a big announcement in conjunction with the secondary. I was really expecting it to happen by the close tomorrow or I would be out. So far it looks like I will be wrong. As you know in this business, timetables are not always met. I pulled my stop because my associates keep buying at these levels and tell me that news is coming. If I knew exactly what news was coming, I'd be privy to inside information. I assume it is something along the lines of major auto dealer and electronics company. You have got to admit that today's action was interesting. We shall see if CDRD breaks above $19.50 and holds. I didn't realize this was a "SHORTS only" board and what's wrong with a little rah rah for the underdog here? See you at $25-30 or will it be $8-11!
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