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Technology Stocks : Audio and Radio on the Internet- NAVR
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To: Lynn who wrote (4304)1/14/1999 9:09:00 PM
From: Alexander20  Read Replies (1) of 27722
 
Can anyone explain the discrepancy between the 85% ownership I've been hearing about and the 40 to 50 in this Reuters article:

<<<MINNEAPOLIS, Minn., Jan 14 (Reuters) - Internet music provider NetRadio Corp., which plans an initial public offering, said Thursday it has appointed Edward Tomechko as its president and chief executive officer.

NetRadio is a majority owned subsidiary of Navarre Corp., and plans to retain a 40 to 50 percent stake in NetRadio after the offering, a company spokesman said. ....>>>

Scott
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