Audio and Radio on the Internet- NAVR Message Board

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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: stiltz1 who wrote (11221)	3/11/1999 4:38:00 PM
From: Rajiv	of 27722

The shares issued to the public are owned by navarre; This statement is absolutely incorrect. Another example of your confused line of thought. NAVR owns around 5 million shares of NetRadio. When NetRadio IPOs, it will be issuing "new" common stock. NAVR is not selling anything. The proceeds of the IPO go to NetRadio and not NAVR. After the IPO, NAVR will continue to own 5 million shares of NetRadio. Mall owned a much lesser portion of ubid and Mall's initial run was stupendous. Better recheck your numbers. The first portion of this statement is incorrect. this guy's a professional shorter or as he politely puts it "trader". I am not getting your point. I have long and short positions in my portfolio (As of today my long positions/short positions ratio is 8:3) My "time horizon" for an average trade is few days/few weeks. If you want to call me a professional short-seller or a trader, it is fine with me. Both are probably correct. You cannot deny me my right to categorize myself. Regards. Rajiv

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