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Technology Stocks : CDRD (CD Radio)

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To: Dale Baker who wrote (512)12/21/1997 9:33:00 AM
From: Dale Baker   of 904
 
An interesting number which is open to interpretation: CDRD short interest dropped from 1.46 million a month ago to 1.03 million now, according to Briefing.

This could mean that a lot of shorts gave up. On the other hand, shorters who read Barrons will have a much easier time finding shares on Monday. CDRD is probably a more attractive short now since its last two mini-rallies sputtered out.

Thoughts, anyone?
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