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Technology Stocks : CDRD (CD Radio)

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To: BARRY ALLEN who wrote (559)1/13/1998 2:04:00 PM
From: Dale Baker   of 904
 
I don't know about CS since he covered the other day, but I'll be watching and posting if there is any FA or TA news.

I'd like to know where you expect the big announcement to come from. Sounds too much like ZITL to me. Personally, I'd love to see CDRD go to $17-18 on no news then start to tank again. I doubt that will happen with the discount convertible holders lurking out there. On the other hand, if there is some sort of announcement, I'll go long just for the ride. This stock is so heavily shorted that it would rocket on any news.

Not that I would put my money on the table in hopes of that...

Good luck.
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