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


To: Candle stick who wrote (701)6/3/1998 4:23:00 PM
From: Dragonfly  Respond to of 904
 
Fair enough, for you it works....I believe that you are in the minority though..........;^)

I think you are missing the point. Lets just say is is the only 1 of a 100 people who drive with radios in their car who would use CDRD. That would mean he's in the small minority.

That means that there are 2 million people like him out there today. Since these are the ones who decide to subscribe to CDRD, we're talking about 240Million a year in gross revenue from subscriptions alone.

That's enough to make this a very profitable company- from just one revenue source. And that's assuming it doesn't "catch on" and become mainstream.

Dragonfly