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Technology Stocks : Audio and Radio on the Internet- NAVR
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To: Glenn Petersen who wrote (7750)2/15/1999 11:22:00 AM
From: Dave   of 27722
 
Glenn,

Thanks for stating your opinion so well. I agree with a number of your statements. A number of these issues, however, are in the past. Many would agree that a company's stock price reflects the future prospects as opposed to the past. As a NAVR stockholder, I would hope that NAVR management has learned from this situation and is trying to improve things. Of course the reason why some buy and some sell are perfectly reflected in our different opinions. If those different interpretations didn't exist, there would be no stock market. :-)

Overall, however, the short- to mid-term price of NAVR will be more related to news of the S-1 filing than anything else. In regards to the stock price, I don't think the concerns you state will affect the "pop" once the S-1 is filed. There will be too many traders playing this one and they are going to be playing that news, not the company's fundamentals.

Dave
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