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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: SJ - Stephen who wrote (96)6/9/1998 10:22:00 AM
From: Andrew G.  Read Replies (1) of 27722
 
Looks more like website advertising than news. Real news must be coming.

I see on Yahoo boards mention of big news next week.

These releases are mentioning the websites that Navarre investors already know about them.

A lot of publicity will likely follow. "If you build it they will come" doesn't apply with websites. Lots and lots of marketing is needed to drive consumers there. So expect a lot of press going forward.

The price dip is predictable. Traders are looking for quick buck and the news releases provide no new news, so they are dumping. When real news comes, they will probably scramble back in droves.

For traders, too much $ spent on commissions/losses trying to guess a 1/8 to 1/4 point up or down.

I'd rather stay long.
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