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Technology Stocks : CDRD (CD Radio)

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To: Candle stick who wrote (563)2/6/1998 11:32:00 AM
From: Beltropolis Boy  Read Replies (1) of 904
 
>just happened to check the board today......I covered my entire position

no posts in a fortnight. did everyone bail with you, cs? if so, please please devote your newfound energy back to the stock making phat loot off of liposuction!

more rationale to actually play cd's in your ride. heiko thieme, the clown betting 50% of his 6.42%-load fund on an impotence cure (read: senetek), is onboard.

via infobeat:

"Heiko Thieme...has equally high hopes for several other small cap stocks he holds. Thieme, for example, is looking for 100% returns out of a holding in CD Radio, (NASDAQ: CDRD). The company plans to offer commercial-free satellite radio broadcast to listeners in automobiles by the end of 1999. The "CD quality" broadcasts will come through 30 channels of music and 20 channels of news and sports. Users will spend about $10 a month in subscription fees, after paying for about $200 worth of equipment to be installed in their cars. Thieme thinks the stock, which trades for about $16, will be at $30 by the end of the year."
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