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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: simarx who wrote (284)7/23/1998 1:45:00 AM
From: Tom Murphy  Read Replies (1) of 27722
 
Actually I have seen numerous cases where the Underwriters analysis has leaned to the conservative side. Because they have a vested interest, they have to tread carefully with the SEC. Witness the lead underwriter for Netbank releasing a news release a few months ago that NetBank had climbed to far to fast and urging investor restraint.
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