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Technology Stocks : Audio and Radio on the Internet- NAVR
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To: Richard G. Woodland who wrote (3877)1/11/1999 10:47:00 PM
From: Wilky  Read Replies (1) of 27722
 
Hi Everyone!

I have been lurking here ever since I bought on 11/30 without a limit order! I wanted to thank everyone for there positive posts and humor during a difficult time for me. I averaged down last week and have an average cost of $13.50 now. I tried to buy more today but didn't get filled as I now only use limit orders. I intend to hold onto the stock up until the IPO trades for the following reasons:

I like the netradio site and am listening to it now as I post on SI. I checked out the competition and I think they are inferior -www.audiohighway.com and www.spinner.com. The competition is out there so NAVR needs to do the IPO for the cash/hype to be #1.

Netradio has great potential not only for cd/software sales, but from advertising revenue. Radio stations make their revenue from advertising. Because netradio plays in the background, they will be able to get advertising to computer users whatever they are doing on their computers. Most sites need you to be staring at the screen to see their banner ads including the major sites aol, yahoo, amazon, etc. They are going to be sorry that they didn't think of this themselves!.

The internet will be everywhere someday. PCs are being put into cars now and who knows where else they will end up. Netradio will be there too!

Go NAVR!
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