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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (7068)	11/16/1997 10:28:00 AM
From: Roger A. Babb	Read Replies (3) \| Respond to of 9285

Dale, my problem with CDRD has been finding short shares.

To: Dale Baker who wrote (7068)	11/16/1997 11:35:00 AM
From: Eric Klein	Read Replies (2) \| Respond to of 9285

I tried to short CDRD through Schwab, no luck. Maybe I'll try again on Monday. Where are you getting your shares? IMO: The whole CDRD concept (satellite radio sent to automobiles) seems unrealistic (to put it mildly). The infrastructure of satellites and car antennas/receivers is just too expensive. Plus it's a chicken and egg thing: Nobody is going to buy receivers until the service is established. AND The infrastructure is so expensive, you need immediate revenue to support it, but with few (or no) receivers, where's the revenue going to come from? I can't imagine who would pay (as a WAG) $1000 to put such a receiver in their car. My Conclusion: It's Crazy.