As a general rule, the "speed" of a CF card is _mostly_ based on the speed that your camera can write to it. The speed that you can read back from it tends to be comparable, yet of different importance. Some fast cards are rated as "UDMA" and they are about as fast as anything I've seen. Some cameras are so old and their CF card interface is so slow that there is no point in investing in super-fast CF cards. On the other hand, many of the very newest cameras are so good that they can really haul with the UDMA-rated cards. If you name your camera model, somebody can probably suggest whether it can get the good out of slow, medium, or fast cards.
Eight years ago, my oldest camera then could only get the good out of a 4X card. Now, my newest camera can get the good out of a 300X UDMA card.
The term "High Speed Memory Cards" is pretty meaningless these days. I think it means anything faster than mag tape.
DPReview typically has a speed comparison of some of the CF cards on the market.
There are all sorts of confusing terms. A "fast lens" has nothing to do with velocity.
–B.G.–