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Technology Stocks : CDRD (CD Radio)

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To: Candle stick who wrote (706)5/30/1998 8:06:00 PM
From: Ken Pomaranski  Read Replies (2) of 904
 
Stick, I think you sank to a new low. Do you ever do your own
research? models? This is typical of what you do. You post
other peoples posts that support your position all over MF, YAHOO,
and SI. You post lawyer speak from Edgar filings all over the place
and claim this is 'new information'. I just ONCE want to see some of
your own thoughts come out of one of your posts...

You called BGs post 'well researched'. When BG comes back from his
weekend excursion he may not like you using his posts to cheerlead
your position. HE HIMSELF said he only spent a couple of days looking
at this.

his ENTIRE model is based on this:

<< Let's say they get a penetration rate after the first 3 years of 2 million subscribers (about what Direct TV was oable to obtain, so this is a rosy projection); at $10 per month plus some advertising and whatever other revenues they think they can derive, they might have $260 million in revenue in the year 2002. >>

THESE NUMBERS WERE PULLED FROM OUTER SPACE (or somewhere else...)

Run the same model using 7 million subscribers. Run it using some
ad revenue. CD radio themselves think they can get 3.5% penetration.
(200 million commuters)

What about home use? they've talked about this. What about airplanes?
This has INCREDIBLE potential.

THEY HAVE ONE OF TWO LICENCES. This will be a monopoly.

Scare all the people you want now, go for it! Most investors don't
make the big bucks because of fear...

(P.S. the 15 1/2 year 'professional trader' label you put on yourself
really cracked me up.) I expect a lot more from such a seasoned veteran.

Good luck!!

kp

PSS: I bet you a million bucks you won't post this response all over
the three message boards. What do you think?
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