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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Lynn who wrote (3713)1/10/1999 9:41:00 PM
From: E. M. Edds  Read Replies (1) of 27722
 
I'll tell you another reason we're going to see upward moves--there are too many people who are sick that they missed out on DBCC, and NAVR is the next "chance." We're also going to see big money moving in from gains from DBCC, WCTI, . . .

Of course there will be moves up and down. The pattern I expect is larger moves up, pull backs to a higher base, larger moves up. . . For example only, say we open at $14-15 tomorrow, jump to $18-19, pull back to close at $14-15--we're still higher than the close Friday. Then Tuesday open $15-16, spike to $20, pull back to $15-16. Of course I don't expect these exact numbers, but the pattern is pretty well established with past parent IPO companies. With an announcement of the CEO this week, I honest expect a new established base of $18 or more.

I've many times been one who bought higher than a close. You feel so much pressure and worry--many make the mistake of selling at a loss. Patience is the key. It's also easier not to watch every tick, it's the upward pattern that's important here.
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