Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : CD Radio (CDRD) A FLOOD OF STOCK -- Ignore unavailable to you. Want to Upgrade?

To: Michael T. who wrote (15)	12/22/1997 12:58:00 AM
From: Candle stick	Read Replies (2) \| Respond to of 20

This weeks issue of "Barron's " has an article on CDRD basically saying much of what I have been posting here recently. The valuation is absurd and the concept perhaps not even plausible.....check out the article which will no doubt wipe at least 3-4 points off the stock right on Monday: some juicy excerpts: "Is CD Radio on the leading edge? To us, it looks like the bleeding edge" and this for the concept as a whole: "Among the doubters is the Consumer Electronics Manufacturers Association, an industry trade group, which simulated satellite radio in San Francisco last year using a NASA satellite. That testing "demonstrated significant technical problems" with satellite radio at the high frequency that will be used by CD Radio. The association's tests found "extensive signal blockage by terrain, buildings, foliage and even street signs" that would result in service outages in urban areas, and make it nearly impossible for CD Radio to meet its goal of providing "nearly seamless" coverage throughout the U.S. The association estimates that CD Radio would have to install hundreds, if not thousands, of supplemental transmitters in urban areas to maintain a high-quality signal. The cost of such transmitters could prove prohibitive. On top of that, the association maintains there could be reception problems in vehicles traveling at more than 30 miles per hour, regardless of terrain." Wow! My original prediction was for CDRD to hit the gap at 8-11 dollars before yearend....I think I still have a good chance after this article.....best of luck to all, and Happy Holidays everyone! .............;^)