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


To: Dale Baker who wrote (584)3/19/1998 9:35:00 PM
From: BARRY ALLEN  Read Replies (1) | Respond to of 904
 
Hi Dale,

What do you make of this run? Seems like some selling came in when CDRD hit $24 today. Do you see any signs of a top yet?

Barry



To: Dale Baker who wrote (584)4/19/1998 3:29:00 PM
From: AJ Berger  Read Replies (2) | Respond to of 904
 
I've been here before discouraging shorting of CDRD

and continue to feel it's a bad idea.
there are forces at work here that are
determined to get this stock up to $40
so despite the literal pie in the sky
idea this stock represents, shorting it
is definitely not advisable. The major
short position folks have covered so
this stock has nowhere to go but up.