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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Dave Kosmayer who wrote (4273)1/14/1999 8:28:00 PM
From: Mark[ox5]  Read Replies (1) of 27722
 
Dave, 5 day moving average is $15+ at this point so thats where we should see any pullbacks to at this point.

NAVR filled a bunch of gaps on its retreat Wednesday so it's a very bullish chart and this one can move really fast as it did in Novemeber ...

I think if you want to sell and rebuy, sell after the actual "official" announcement of the IPO. The typical internet "investor" will get bored of NAVR if it doesnt go up 30% a day, and then the MMs will retrace NAVR at least down to its 5 day moving average (whatever it may be at the time) or if the market is down it may even go down to the 20 day moving average...

A lot depends on the timing of this all.. Im curious how hard the head honchos have been working on getting the IPO ready. If they have their case together, they should have an announcement soon, and the actual IPO within a month.

Mark
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