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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: KNOXACCT who wrote (10127)3/4/1999 10:40:00 AM
From: JOHN BAIN  Read Replies (1) of 27722
 
I spoke with an Everen Securities broker today. He indicated they were selected as the lead underwriter for NetRadio because of their relationship with Mgmt. - having taken Navarre public. He said they are very aware that the window of opportunity for internet IPOs is rapidly closing due to the glut of upcoming IPOs and that investors are frustrated with NAVR because of the constant delays (ie., since last summer). He expects the NetRadio IPO to come out in late April.
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