Paying too much for CDRD.
washingtonpost.com
Why up today in two days ?
I noticed many bids are small slots, while ask size slots are relatively large, it looks like pump/dump for large guys to exit.
Or just manipulated short squeeze ?
Many longs here argue that they are buying CDRD's concept. So far,
CDRD's designed concept is broadcasting CD radio to mobile cars.
Who would paying for such music ? everybody got their own favorite CDs.
Listen to the local news ? why should he ? unless he is travelling
far from hometown, then how many percentage of such persons ?
From technical point of view, it is unknown. We can not assuming
the current satellite TV techniques can be used here since the receivers in existing satellite TV is fixed in position (of course,
satellite has to be geosynchronous). We have following very difficult
to solve the problems.
1. Mobile receiver, antenna direction constantly change
2. How to solve the Dopler effect
3. The effect of propagation delay (approx. 0.25s)
4. How to send uplink signals to the satellite, central or distributed.
I am not sure how is the CDRD's research in this field or plan to
hire university doing this or still is just a gang of managers doing
SEC filing. Without these technical problem solved, no way it can be
operating at 1999 (or it is 2000).
If you are long, you are indeed paying for just concept, very vague
concept, Disney world concept. I can not believe even brokerage house
could sell just this concept only stock and support it. However, maybe
there are enough people like the concept and will keeping blow this
ballon. So be smart, think it little hard and consider the risk and unknowns. Take your profits while it is still there. put your money to stocks which has proven track of earning records.
good luck to all |
