CDRD (CD Radio) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CDRD (CD Radio)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Candle stick who wrote (656)	5/20/1998 12:56:00 PM
From: John Gault	of 904

".I think this is likely to be delayed." Just a general statement or do you have a information that you are basing that comment on? I have not followed the company that closely the last 3 months. Were there any new sources of financing secured, or are we still looking for a secondary next year?.............;^) The only thing I've heard is that they plan on financing sometime this year. If they can do debt it seems reasonable they will, just like they did back in OCT. 180 million 10.5% with some warrants to sweeten the deal.. and that would leave us with alot less shares then what the analysts have been basing their prices from. In Lehman's last upgrade they also stated that they thought their estimates of 45 for year end may be too conservative based on the fact that CD Radio has been signing 50% revenue contracts with the established content providers. BTW: Lehman also has this stock on their "restricted list", which is normally an indication of some financing soon. cheers

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next