The trailers (most of which are timecoded with DTS or SR-D) will play through fine in the SR-D format.
*IF* the print is a quad print and it has an attached trailer that is also has the DTS timecode, the CP-500 will lose all sound as soon as the DTS timecode/processor sync begins on the trailer. This occurs ONLY when the DTS dics are in the drives. The CP500 shows that it is in external 6 track (forget the #, but it's the upper right format) but no sound is present from either the monitor OR in the house itself.
It is a DTS 6D with 3 drive bays but we no longer get the trailer discs, which is stupid because we FINALLY have the ability to ustilize them, so there are no trailer dics cuasing any problem. The sound loss is not specific to either of the 3 drive bays.
My tech says it's going to be a card switching deal but I'd like to know where to start looking as far as cards go. This problem, BTW, does NOT oocur if the DTS unit is switched OFF, which is the way we normally leave it. Most prints are SR-D anyway, but I hate to have a $7500 piece of equipment sitting there collecting dust.
Any replies will be greatly appreciated!
Thanks and Happy Holidays...

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The early bird may get the worm, but the second mouse gets the cheese!
Yes, the audio cable is firmly connected. I should have added that we can revert the processor back into SR-D and BACK into external digital (DTS) and the sound reappears. This tells me that it is ultimately what seems to be a "switching" problem, for lack of a better term. Once we finally get it into external digital (DTS) it plays fine. Only when it detects the attached trailer or feature (when there is no attached trailer) does it drop sound totally. As if when the processor senses DTS and tried to switch it into DTS, it fails miserably, but it switches into SR-D without fail EVERY time. One more reason I prefer SR-D over DTS... 
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The early bird may get the worm, but the second mouse gets the cheese!
Anyone out there have this happen before?
I've had instances where the SDDS and DTS will get into a "fight" if they are both on. This creates a kind of "echo" effect. Maybe that's the Ultra*Stereo processor but I just shut the unused player off and avoid all that crap.

Randy - you have something noteworthy there. 
Busting my brain here...

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The early bird may get the worm, but the second mouse gets the cheese!

I bet if you push the Format 11 softkey again as soon as the sound fails, the sound will come back. I have found this happens in some cases with a DTS 6D and a CP500 system.
Why? You got me!
Maybe someone from Dolby or DTS could read this and help out.
- Andrew
You are exactly correct. If the format 11 key is pressed as soon as we notice the loss, it picks right back up.. I'm still trying to find out what the problem is. Our tech is supposed to contact Lonnie Jennings at Dolby and see if he has any inside info to offer...
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The early bird may get the worm, but the second mouse gets the cheese!
At another theater I worked at the DTS was hooked into the CP500 as you have described and every once in a while the same problem would occur on attached trailers. I consulted our tech about the problem, but we were never able to come up with a solution. We tried switching DTS units, tried switching all of the cards in the CP500, and even went throught the automation wiring (we were using TA-10s). And on top of that the problem was intermittent so it was very hard to trace.
I know I have not presented a solution, but maybe the experience will help. Good luck.
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David Miller
millerdk@plu.edu
Projectionist, Seattle Cinerama