CDRD (CD Radio) Message Board

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Technology Stocks : CDRD (CD Radio)

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To: Dale Baker who wrote (562)	1/22/1998 11:22:00 AM
From: Candle stick	Read Replies (1) of 904

Hi, just happened to check the board today......I covered my entire position at 13 and a little below before the drop to 11 5/8 (I posted it when I did this)...felt stupid for a couple of days but feeling I did the right thing now. Nothing better on Wall Street than a good story to sell, regardless of the facts. CDRD stinks on a fundamental basis but they seem to keep on having some press to put out to sell thier story.....I still think it will ultimatley end up around 8 dollars but I think it will be a slow choppy ride down. Thats why I covered. Too long to wait. I am selling AMZN short into this earnings release instead.....this is a superior bubble waiting to burst, in my opinion. I believe that since CDRD has no targets to 'fail to meet' until end of 1999 it will be hard to have bad news to move the stock....AMZN is going to be posting lots of lousy numbers much sooner, so I have moved over there, for now. Good luck with all your CDRD positions, I hope everyone makes money, one way or another.............;^)

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