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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (15532)11/17/1998 8:38:00 AM
From: Ploni  Respond to of 18691
 
There are several houses following CDRD, with strong buy ratings, and targets ranging from 50 to 300/share. That's enough to keep me from shorting this now, and it's almost a tempting long.

If it does soar to insane valuations, it might be a better short. I'm amazed that they've been able to raise the money, so it looks as though their system will fly. The questions remain as to whether it will provide good reception, or if speed, leaves, raindrops will interfere with it; if people will buy the special receivers for their cars and subscribe to the system; if they will build enough "terrestrial relay stations" to provide reception in big cities; if they'll ever earn a dime; etc.