CDRD (CD Radio) Message Board

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Technology Stocks : CDRD (CD Radio)

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To: Candle stick who wrote (662)	5/20/1998 8:38:00 PM
From: Saul H Rosenthal	Read Replies (1) of 904

Candlestick, I respect your daily work and I am sure that you make money or you wouldn't stay in it, but.....you say CDRD could lose 90% of it's value? With it's near-monopoly license and its alliances with big name companies it seems to me that it would take a near "end-of-the-world" catastrophe for that to happen. The value of the license alone would preclude it. On the other hand they expect to launch in 18 months, (not 2 years as you said), and on the way there could be all sorts of announcements, free publicity (articles in Time Magazine, etc for instance) which would give them enormous exposure and could push the price up $5 or $10 in one day. It wouldn't be because of any real increase in value, but just more people hearing about it. In other words, falling 35 points is extremely unlikely, while rising 35 points could happen almost any time. It has after all risen 29 points since Jan, I believe. Shorting it just seems very dangerous to me. Saul

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