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Technology Stocks : CDRD (CD Radio)
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To: M. Frank Greiffenstein who wrote (773)2/6/1999 2:18:00 PM
From: Dale Baker  Read Replies (1) of 904
 
Doc, go back to the posts and SEC filings in 1997 and you will see the whole story. CDRD has discount convertible deals on file, some brokers (not CDRD itself) were cold-calling old folks to sell stock, LOR has a stake in CDRD and financed the satellites CDRD will use plus they will launch them, etc.

I'm not trying to bash CDRD on an emotional basis. Facts are facts. Good luck with your long position. If CDRD works as predicted it should double or triple from here.

If it doesn't, it's headed for under-$5 eventually. I am not playing it either way.

All the best.
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