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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: A-MAN who wrote (3703)1/10/1999 4:59:00 PM
From: Richard B. Haenisch  Read Replies (1) of 27722
 
HELLO EVERYONE!

I have been reading everyones posts since fridays "run" and have to agree that NAVRs downside (between $9 and $10) makes a speculative investment at these levels ($12 - $16) certainly worth it!

I have been following this investment strategy of buying the parent company of an impending I-net IPO since MALL/UBID and DBCC/MKTW and don't see any reason why NAVR/NETR(?) shouldn't continue to create "SPECTATULAR" gains for the parent co. in anticipation.

Obviously the sooner the CEO of NAVR, Eric Paulson, makes the official announcement of the IPO and it's CEO, the sooner momentum players will see this stock run into the 20's, 30's or 40's.

I like the float (6.6 million shares) and I like the short interest (1.99 million shares - the more shares are shorted , the bigger the "squeeze" will be), but most of all, I like the fact that more and more people at home are looking to get involved in this Internet CRAZINESS!!!!!!!!!

My only worry short term is tuesdays earnings announcement for YHOO!

Good luck to us all!

Rico

P.S. I picked up 17,500 shares at $13.417 (avg. cost) looking to buy 7,500 more tomorrow perhaps.
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