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

To: Eric Klein who wrote (7079)	11/16/1997 12:39:00 PM
From: Pancho Villa	Respond to of 9285

TO ALL Can't believe someone thought of CDRD as a legitimate business idea. What is this a legal scam? I guess they were looking for a sure way of losing money. Satellite radio? What a ridiculous and most expensive way of getting a radio signal to a car!!! It is OK to see Loral as a stock-holder they are getting their money back as they are a key supplier but Robertson Stephen's. I guess people don't really kmow the type od co's these guys buy with their money! Have a look: Loral Space & Communications Ltd (4) ................ 1,905,488 15.2% 600 Third Avenue New York, New York 10017 David Margolese(5) .................................. 1,900,000 15.1% c/o CD Radio Inc. Sixth Floor 1001 22nd Street, N.W Washington, D.C. 20037 Robertson Stephens & Co., et al.(6) ................. 1,467,500 11.7%

To: Eric Klein who wrote (7079)	11/16/1997 2:08:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 9285

The best part is they plan to charge $10 per month. Cable TV companies get three or four times that. I shorted through ETrade at 15 and 23 in June and September. I think this recent deadline dried up all the shares available for shorting. I have been waiting to see mine called away but they never were despite one warning that ETrade might call back a few one day. Chicken and egg is right. Loral will do OK because they can foreclose on the satellite and the FCC license if necessary. David Margolese is either ambitious, stupid, greedy or some combination of the above. I own stocks with real earnings that trade at a third of CDRD's price. Investors aren't supposed to be emotional but I will truly enjoy watching CDRD tank one day.