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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: VBroady who wrote (5595)	1/28/1999 7:18:00 AM
From: Lane Hall-Witt	of 27722

I'd imagine Anthony is looking to short after the IPO pop: easy money. Think about risk-reward ratio. Short before the IPO filing, and the potential for the filing always stands in your face as a risk. Short after the filing, and you've got clear sailing south until a ramp-up for the IPO itself begins. Anthony's genius is that he takes the low-hanging fruit; that's the best kind of investing.

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