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Technology Stocks : CDRD (CD Radio)

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To: Saul H Rosenthal who wrote (570)	2/21/1998 8:04:00 PM
From: James Nephew	Read Replies (1) of 904

Saul, I agree that some people (CDRD investors) think that CDRD might be as big as FM radio. I also believe that they are absolutely wrong, and that even if they got their technology up in the sky it will never catch on . But I'll grant that investor belief props up the price - and only time well tell who is wrong. In the meantime I'm getting my clock cleaned waiting for the bottom to fall out - as I believe it eventually must... Thus the life of the short - if its a REALLY great short its price is so inflated because its got diehard longs who will pay exorbitant prices for it and hold it to the bitter end! Now if only that end would come just a little sooner rather than later... Short for now, Jim

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