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


To: BARRY ALLEN who wrote (526)12/22/1997 2:10:00 PM
From: Dale Baker  Read Replies (1) | Respond to of 904
 
Sorry, Barry, but CDRD didn't even come close to my in-the-money stop today, even though CDRD is supposed to be worth about a zillion dollars when I'm eligible for retirement.

Ever think Robertson Stephens had a boatload of CDRD shares they wanted to sell into a rally before they close the books this quarter? And a few suckers bought, but in a very uncertain market, paying for earnings in 2004 with a technology which may not work isn't such a good idea?

Break my stop and I'll be gone...for now. But CDRD will crack eventually. RS did me a favor, like I said, letting me finish the year with a capital loss due to various other stupidities I have committed recently.

Short CDRD and sleeping well. Happy Holidays to all.