SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Audio and Radio on the Internet- NAVR

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stiltz1 who wrote (7744)2/15/1999 9:41:00 AM
From: Dave  Read Replies (1) of 27722
 
Stiltz,

Let's see..

<<you do not think postponing the ipo was bad news>>

I don't think the IPO was postponed since we were never given a date for it in the first place. Actually, management has been pretty straight with us. In the earnings CC, Paulsen said that he thought the filing would be pretty close and if it was going to be a little delayed, he would announce it, which he did. I think that's pretty honorable.

<<, or the little accounting "irregularity" given to us on earnings day>>

Since the accounting issue has no impact on current financials and is in the past, I really don't consider it an issue (maybe you do and that's ok - we're allowed to have different opinions). Additionally, it looks like NAVR will be debt free by the end of the 1st quarter which is another positive.

Bottom line is that if all this was REALLY bad news, the stock would have tanked completely...all is did was drop a bit in reaction to the delayed filing which IMHO will happen anyway within the next few weeks. I'm already seeing comments on other message boards about traders starting to accumulate again for another run up and I would expect it to start to move as the week goes on.

FWIW,

Dave
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext