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


To: BARRY ALLEN who wrote (361)11/20/1997 7:06:00 PM
From: Candle stick  Read Replies (2) | Respond to of 904
 
>>>Something could be up.
Sales contracts?? Major allignment?? It's anyones guess.<<<


Sales contract? I doubt it. There is nothing to sell. The satelites are not even built yet, let alone launched and operational for 2 more years......Major alignment? Of the stars maybe, for CDRD, doubtful..........;^)

Just out of curiosity, is Dean Witter cold calling or pushing CDRD on clients? Todays volume was impressive, but I think it has more to do with tomorrows offering rather than any double bottom. One more interesting thought. Almost 1 million shares traded today and the price was down almost the whole day until 3.30 pm. It was all selling, someone GOT OUT...thats why I want to know who you bought through. I would guess that some brokerages were lining up clients to dump all that stock onto.....IMHO.....



To: BARRY ALLEN who wrote (361)11/20/1997 9:52:00 PM
From: Allan F  Read Replies (1) | Respond to of 904
 
BARRY,

As the first long (to my knowledge) to post on CDRD could you please share your reasoning for going long. Is your sole hope for a short squeeze? That seems like a rather risky position, especially with a secondary coming out soon.

I would offer to explain why I am short, but after CS's posts there is nothing left to say.

Please explain your position, as it would help us all by seeing the other side of the coin.
-Allan