Audio and Radio on the Internet- NAVR Message Board

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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Benchman who wrote (1470)	12/5/1998 2:30:00 PM
From: Manly	Read Replies (2) of 27722

Benchman, Think about the shorters.... Their portfolios are most likely more margined than most longs because they are the "serious players". I would guess these guys are shorting all net stocks with many of them now requiring cash for these stocks - no margins. This would force them to make a decision on which ones to sell to cover their margin calls. If I was shorting a stock I would pick a stock with a higher value than $8.00 because a stock worth $50 now has a better chance of going lower than a stock worth $8.00. JMO - but we all know logic goes out the door with these stocks. I'm just betting that someday NetRadio will be spun off - too much money to be made by doing this versus sitting on it forever! Shorters also know about the possibility of an IPO someday and don't want to get caught when such news comes out. That's why I'm guessing they'd cover their NAVR first before they covered EBAY, etc. This new margin requirement will help us someday with NAVR being so shorted. They'll want to jump ship quicker locking in profits, this will cause the price to really jump when it does!!! Anyone want to buy 7K of NAVR at $22.00? Someday we'll be there!!! GLenn

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