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

To: Bradpalm1 who wrote (390)	11/22/1997 11:04:00 PM
From: Candle stick	Respond to of 904

Bradpalm, I think you took it the wrong way....its just that we would like to hear an arguement for the current valuation of CDRD, other than "shorts are gonna get squeezed" or "pending news " etc. If there is really a valid arguement all the shorts would love to hear it. If there is news , we want to hear it also. We have nothing 'against' CDRD personally or the long shareholders. We simply see an opportunity to make money from what appears to be a very overvalued and premature situation. It would be in your benefit to convince us otherwise. We would then cover and go long , thus pushing up the price for you. I am in this to make money....I don't need to prove that I am right and make in on the downside. I am happy to make it in whatever direction the market lets me.......so far, the only rational position I can justify in CDRD is SHORT, for all the reasons I have stated repeatedly in my posts over the last few months. If you have something of substance to offer to support the long side, I would love to hear it.....best of luck.....;^)

To: Bradpalm1 who wrote (390)	11/23/1997 6:23:00 AM
From: Jim Miller	Respond to of 904

Not intended to be unfriendly, Bradpalm. I read quite a few of your posts before I posed my question. Your knowlege in the medical area is clearly extensive, but your fuse is perhaps a bit short. My question was an honest one, and represented my best efforts to not offend. I hoped to perhaps prompt you to share. I feed my family here, I have done a LOT of work on CDRD, and if you really know anything that would bear on my short position, I'd like to know.I also fail to see any way that withholding information could benefeit you in any way. This tiny collection of shorts does not move the stock a whisker, in my opinion. I do have reservations. 1)--I am not unaware that the terms of CDRD's license do not appear to prohibit a transition to an ad revenue based business model. 2)--I am also not unaware that ANY orbiting geosynchronous slot is valuable, and that 3)--the sattellite to be launched by LORAL is a multipurpose vehicle that can perhaps be turned to a more profitable use. What do you know? Jim