CDRD (CD Radio) Message Board

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Technology Stocks : CDRD (CD Radio)

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To: BARRY ALLEN who wrote (717)	6/2/1998 8:18:00 AM
From: Candle stick	Read Replies (1) of 904

Hi Barry, yes I covered yesterday, needed the cash to do something else and CDRD has gotten almost 30% correction from the highs.....I still think it will hit mid twenties, but I usually leave some on the table and move on....nothing goes straight up or straight down, so if CDRD bounces I might try to short again.....don't know if it was mentioned here, but, looks like there will be a 3-6 month launch delay due to the switching from Arienspace to Loral....that had a lot to do with yesterdays decline......these tremendous high tech ventures rarely meet deadlines as expected and CDRD is no exception....good luck to you, I am shorting some internet stocks now......;^)

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