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


To: sammy levy who wrote (387)11/22/1997 2:52:00 PM
From: E Haiken  Read Replies (1) | Respond to of 904
 
I am not short or long on CDRD, but I have been following this board
since Loral took a position in this company. I believe that Loral is
the premier company in the space & telecommunication industry. It
appears to me that they have sensed something of value here, not just
a customer. Therefore, as I have written once before, it is very
dangerous to short a stock that a world class management team is long
on. The shorts state that there are no revenues, no earnings & never
will be. With a large potential customer base & some new technology &
creativity, CDRD might work. I wouldn't bet against it.