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Technology Stocks : CDRD (CD Radio)
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To: John Gault who wrote (810)5/18/1999 4:06:00 PM
From: AJ Berger  Read Replies (1) of 904
 
CS First Boston analyst Harry DeMott said

at the Broadcast Cable Financial Management Association conference in Las Vegas; slamming satellite radio company CD Radio (CDRD), saying "It's too late" for the company's business model to work. CD Radio offers subscription -based, commercial -free radio services. The Internet's streaming audio capabilities essentially nullify the value of CD Radio's business.(with wireless internet access car radios)

-anyone who PM'ed me March 11th (reply#799), already knows this.

this stock should close the week in the teens, once the large holders
of this stock get more details of DeMott's remarks; mark my words.
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