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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: FDHIII who wrote (3385)1/6/1999 12:45:00 PM
From: Dave Kosmayer  Read Replies (1) of 27722
 
I've got a bad feeling about the Net stocks lately, the stocks aren't moving as much anymore, the ones that had a big move are dead, totally and others are barely up on a large up day. The moves in this sector are more towards the large caps of course AOL, AMZN, EBAY, YHOO and the other search engines. I think that NAVR is really screwing up here, pushing that 60 days right to the end is what I see a perhaps missing the internet mania once again. I'm surprised that NAVR is holding up here over $10 range considering the 60 days wait the CEO mentioned.

I can't wait to get out of this stock, hopefully the IPO will help but things are looking less and less bright IMO.

Still Long but inpatient to say the least.

Dave
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