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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Kip518 who wrote (1663)12/7/1998 5:25:00 PM
From: gammaray  Read Replies (2) of 27722
 
<<<But, investors may do well to show some caution. In announcing its results from the
September quarter, Navarre had said its operating expenses increased more than 50%
from last year primarily because of costs associated with NetRadio.>>>

Kip, Sounds like Nancy Beiles is confused or doesn't understand profit and loss statements. Netradio gets ipo'd then that 50% increase in op expenses cited above flows to the bottom line. She looking in the rear view mirror.

Neil

Neil
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