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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Andrew H who wrote (141)7/16/1998 11:26:00 AM
From: simarx  Read Replies (2) of 27722
 
Andrew if you are long, I hope you are right. But your assessment is one of a person who would be willing to hold for 12-24 months. Notice the pattern. This stock is becoming a playground for momentum players. What will happen to the investors who buy at 7 when the stock settles back down by the end of the day?

If a broker recommends this stock to a client, the client could eventually take him to arbitration. That's why negative earnings are so dangerous. The Preferred stock weighing over our heads does not help either.
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