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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: stiltz1 who wrote (3451)1/6/1999 9:40:00 PM
From: Tom Hua  Read Replies (2) of 27722
 
stiltz1, thanks for the heads up. NetRadio is attracting increasing number of listeners everyday, it's only limited by the available bandwidth. My understanding is that each time the company added more bandwidth to satisfy the increased demand, only to see that the new bandwidth is filled to capacity in a matter of days. Recent data shows that there're over 20 million listening sessions per month. Barring a sudden downturn of market conditions, I think the IPO will be well received. And depending on who the underwriter is (it's a major WS firm, BTW), we may even see a repeat of BCST.

Another innovative feature to be deployed on NetRadio is the advertising format. Instead of just boring banners, NetRadio will feature voice commercials (the first of its kind), just like what you hear on radio. Afterall, this is the leading radio network on the internet.

And if you see a weather channel on NetRadio in the near future, I'd like to think that the company has taken my suggestion seriously.

With regard to the IPO filing, it's not coming tomorrow, and probably not this week. Anyone whose patience is less than 30 days should look for other sources for instant gratification.

Regards,

Tom
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