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Technology Stocks : Audio and Radio on the Internet- NAVR
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To: AJ Berger who wrote (24501)10/14/1999 3:38:00 PM
From: Guidothecat  Read Replies (2) of 27722
 
Good questions AJ....Fletcher also is paying
a minimum of 9 1/4 for its
1.3+ million shares.

I do believe they presume a rise in price for NAVR significantly above this base before they sell and hedge.

siliconinvestor.com
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