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Technology Stocks : CDRD (CD Radio)

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To: John McPherson who wrote (689)5/27/1998 2:18:00 PM
From: Gecko Steve  Read Replies (1) of 904
 
John,

I am neither long nor short CDRD, but if I had the balls, I would definitely short it at this point.

Not so much that I feel the concept is flawed; if I had a long commute it would be worth the $200 + $20/mo. for good radio selections (I hate the stations down here in South Florida), but I have serious doubts about the technology. The reason I follow this company is out of pure amazement at how a "three guys in a garage" operation can obtain financing on pie-in-the-sky ideas!

Besides the blockage of signals, my main question is "how is power supplied to the antenna in the back window?" Is there a battery, or do I have to run a wire? If a battery, how long does it last? Does the antenna transmit continuously, or is there an on-off switch on the antenna? How many people do you know who would be willing to climb in the back seat of the car to replace a battery every couple of days?

These common sense issues help scare me away from CDRD long, and the ability of concept stocks appreciating on hype that keep me away from CDRD short.

- Steve

P.S. Good luck to those both long and short -- judging from the past you should all be able to make money on this one if you're not greedy!
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