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Technology Stocks : CDRD (CD Radio)

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To: VALUESPEC who wrote (632)	5/15/1998 9:32:00 AM
From: John Gault	Read Replies (1) of 904

Sounds better to me too. CD Radio could be turning a profit the first year of business, but we could play with the numbers all day long. They need 1% of the US market to break even. Loral has agreed to have the second satellite ready for launch by OCT'99, and the plan is to have the service running by DEC'99. Another point of interest is that CD RAdio hired as a board member the old Avis CEO so I'd expect they plan on doing something in the rent-a-car market. That's good for two reasons, one for the money and two for the publicity. cheers.. When does SKYC plan on turning a profit? cheers.

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