Audio and Radio on the Internet- NAVR Message Board

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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Annette who wrote (19684)	6/28/1999 12:03:00 AM
From: JLIHAI	Read Replies (1) of 27722

OT - Insiders don't always make great calls on their own stocks. If memory serves, the billionaire potato farmer sold a substantial portion of his stake in MU at 20, very close to the absolute bottom. The insiders in NAVR probably don't know where NETR will be priced when it finally comes to market, because interest shown during the road show helps determine that. Oversubscription can also be a factor. So much concerning the success or failure of an IPO occurs in the last 48 hours or so before the public gets their hands on it. According to stock almanacs, the first third of JULY is seasonally strong for the market. So I'm just going to see what happens. BWDIK JL

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