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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Bruce Denney who wrote (5657)	1/29/1999 1:38:00 AM
From: zurdo	of 27722

Bruce, Your outlook for NAVR is ... not within the realm of possibility...but within the realm of probability...The resistance at 20, IMO, is due to the short sellers who are holding on for as long as they can...But..the cracks are beginning to show!!! When the dam breaks, it will be an explosive move upward, past the 20s, and into the mid 30s..very possibly beyond!!! This IPO launch has much more latent power to move up than many of the other firms which have very successfully launched IPO spin-offs, because the anticipation on the NAVR launch has been heightened immensely by the manner in which the IPO has come about, with all the uncertainty and speculation surrounding it...Mike described it beautifully as a tightly coiled spring....Navarre is a much stronger firm today than it was last year...It is no longer an $8 stock (sorry, fiberman)...There are so many positive factors favoring this company that its stock will move into a higher echelon of value...The outlook is excellent, both in the short and long term...The events which are about to unfold will determine if these estimates are reasonably accurate...JMO...

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