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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: simarx who wrote (247)7/21/1998 3:45:00 PM
From: cadson  Read Replies (1) of 27722
 
Simarx, I think what shares were going to be sold into the float have already been sold. Two of the investors are clearly long term, one was given a board seat and the other is a major supplier. Also a large portion of the investors appear to be funds or IRA investors that also tend to be longer term investors.

Also NAVR's volume in the last 13 days has been over 40 mil shares. If they have not sold into this kind of volume I think it's highly unlikly they will sell in the near term. A new research report on the company is due out shortly. Once I receive the report I will post.
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