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Technology Stocks : CDRD (CD Radio) -- Ignore unavailable to you. Want to Upgrade?

To: E Haiken who wrote (290)	11/8/1997 12:39:00 AM
From: Candle stick	Read Replies (2) \| Respond to of 904

Well Loral has a several hundred million dollar contract from CDRD to build their satelites......so it is in Lorals best interest to see CDRD succeed so that they can get paid for those satelites. Now, as you stated Loral has a great reputation, so for a measley 25 million dollar investment in CDRD they gave CDRD stock a big boost and a taste of credibility. This is supposed to make it easier for CDRD to raise the money necessary TO PAY LORAL. So you see, the Loral investment in CDRD is sort of a "kickback" that is probably paid back to Loral in the price of the satelites.....IMHO........things are rarely as they seem on the surface...and in the case of CDRD, nothing is clear, other than they have a huge need for capital and almost nowhere to get it.................;^) P.S. If CDRD fails to pay for the satelites, I am sure Loral would be happy to repossess them and sell them immediately to one of their many backlog orders.