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Technology Stocks : Roaring Internet Stocks

YHOO 52.58

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Jun 26 5:00 PM EST

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To: stockvalinvestor who wrote (293)	12/1/1998 7:30:00 AM
From: Thu Ra Tin	Read Replies (1) of 1530

Money Line, CNBC NAVR is a buy NEW YORK (CNNfn) - Even as many Internet stocks were plunging Monday, hints that another cyber-industry player will soon go public lifted shares of its parent company. <Picture>Shooting its way higher was Navarre (NAVR), up 5-1/16 to 17-13/16. The music and software distributor owns 85 percent of NetRadio, a company that bills itself as the first radio station of the Internet. <Picture>NetRadio, which is carried on Navarre's books at zero value, confirmed it is working on filing the papers for an IPO sometime prior to the end of the year.

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