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

To: Candle stick who wrote (408)	11/25/1997 2:10:00 PM
From: Dale Baker	Respond to of 904

CDRD is an excellent test of irrational exuberance. Unless you are playing for momentum or the "short squeeze" (which we seem to have misplaced somewhere) you are buying hypothetical earnings in 2001. Remember what happened when they let HAL the computer run the space ship... This reminds me of the NFL salary cap. Stack up all the salary after 1998 when the cap expires. That way you don't have to deal with reality. Last time I looked, CDRD was trading at 18 3/8.