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Technology Stocks : CDRD (CD Radio)

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To: VALUESPEC who wrote (626)5/14/1998 10:18:00 PM
From: John Gault  Read Replies (1) of 904
 
<confident in SKYC's (AMRC) management.> There about one year behind CD Radio, and now only have about a 28% percent stake in Satellite Radio. That wouldn't give me to much confidence. If I were going to invest in AMRC thru SKYC<I wouldn't just because they only own 28%, but if I were> I'd sure like to see who the wizard of oz is at this mysterious Worldspace, especially when they are looking to get donations from Governments and the UN and private individuals.
BTW: who paid the bill for those satellites in Africa and the other underdeveloped countries?

Talking about Worldspace:<I don't know much about the company> You said they might end up with 82% of AMRC.. and you don't know much about them??? Doesn't that bother you?

One question dragonfly: If Worldspace is looking for a profit why are they looking for donations instead of investors to finance the distribution the radios?
Good Luck to you... and yes we will see who wins. Even though I think the market is plenty big for both. I really think that having two companies is good for the satellite radio.
cheers
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