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

To: Dale Baker who wrote (522)	12/22/1997 9:24:00 AM
From: DD™	Read Replies (1) \| Respond to of 904

"08:38 ET CD Radio Inc. (CDRD) 16 11/16: In a Barron's piece BA Robertson Stephens CIO Paul Stephens said he expects shares of this satellite-radio company to reach $300 a share by 2004." briefing.com Paul Stephens also manages the Robertson Stephens Contrarian Fund, down 30% this year.. quicken.com DD

To: Dale Baker who wrote (522)	12/22/1997 9:29:00 AM
From: Ken	Read Replies (1) \| Respond to of 904

Well, yes. Investors on the whole have no concept of the time value of money and how to understand the importance of evaluating the risk and reward of an investment over time. I mean, I can come out and say, for example, that Nike will be a $90 stock by the year 2000 and probably at least a $200 stock by the year 2004 given 15% earnings growth on average. So, my point is that the year 2004 is a long ways off and most investors should be looking at investing in quality stocks with proven growth potential. Also, most analysts cannot forecast anything accurately anyway...they downgrade or upgrade after the fact.