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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Colin Thorpe who wrote (4468)1/16/1999 12:09:00 PM
From: jeer  Read Replies (3) of 27722
 
colin, my 2 cents: im being cautious with navr due to the lack of hard commitments by the company. ive owned this stock 8 times between $5 and yesterday, and sell it all each time it goes up 2-3 points. i know many here are fully committed to holding, and i respect that approach, however, if the ipo info isnt forthcoming, the stock will drift down. if the ipo is formally delayed or put off till next quarter, we will see 7-8 again, IMO. if a firm date is announced when im not holding the stock, i may miss a few points, but thats fine with me since my current approach protects me from losing 7-10. just like dbcc, the current price is assuming the ipo is near-term, however with dbcc, the real run didnt occur till the info was well-established, ie, 3 weeks before the actual announced date. best of luck!
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