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Technology Stocks : CDRD (CD Radio)

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To: Dale Baker who wrote (537)1/7/1998 2:16:00 PM
From: BARRY ALLEN  Read Replies (2) of 904
 
>>>The only development which could save CDRD's bacon in a weak tech market would be an announcement that someone will manufacture the receivers they need, and a second which says a major vehicle manufacturer will offer them as an option. Remember, 1999 models are already being tooled up.<<<

I GUESS THAT IS WHAT ALL US LONGS ARE WAITING FOR! WITH THE THREE BIG EXECS COMING ABOARD, THAT DOES NOT SEEM FAR FETCHED. ESPECIALLY THE GUY FROM SONY....THAT COULD BE THE MANUFACTURING CONNECTION! SO HOW DOES IT FEEL TO BE MAKING MONEY AS A SHORT? DON'T FORGET THOSE TRAILING STOPS!

>>>Some people seem to be forgetting that 3 executives left successful positions with major corporations to join C D Radio.

1. Andrew J Greenbaum is Exec VP,& Chief Financial Officer, left WALT DISNEY CORP where he was VP of Corporate Finance.

2. Keno V Thomas Exec VP Mktg, left DIRECT TV where he was VP Programing also ESPN VP Marketing

3.Joe Capobianco is Exec VP,Content- Was VP of Programing at company owned by WARNER MUSIC., & SONY MUSIC

Margolese is building a solid foundation. These executives didnt leave to get away from their companys, they left to join what they felt was a solid opportunity for success. That has to give you a message.
Also two major firms recently put a buy rating on the stock they were UTERBERG TOWBIN and LEHMAN BROTHERS
CD Radio will in fact be the stock of the decade in spite of loud few who put their information out on the pretence of helping others when they are just trying to help themselves. Most investors in CDRD knew all of those facts going in and nothing has changed.<<<
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