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Technology Stocks : NaviSite Inc-(NAVI)

NAVI 13.00

+0.6%

Dec 31 3:59 PM EST

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To: rdmsqito who wrote (300)	4/5/2000 1:35:00 AM
From: -Mad-Jon	of 320

Still ridin' the bronco. Been thinking about those 10 shares I sold @ $310. . .any buying at all and this'll shoot up, just like it fell down, IMO. It's been to the mountain, and it's not like there's a ton of overhead supply with the small float. Staying long - I stuck it out this far... Tuesday April 4, 7:40 pm Eastern Time Navisite to suspend secondary offering ANDOVER, Mass, April 4 (Reuters) - NaviSite Inc. (NasdaqNM:NAVI - news) said Tuesday that it is suspending previously announced plans to pursue a secondary offering due to market conditions. The Internet application service provider announced it will pursue financing both from strategic investors, including CMGI, and through commercial lines of credit. Shares of NaviSite were down 10-7/8 at 84-7/8.

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