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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Colin Thorpe who wrote (4466)1/17/1999 9:55:00 AM
From: Manly  Read Replies (3) of 27722
 
Colin,

If NAVR announces the IPO - it will zoom past DBCC. The interesting point will be how many shares they offer. If they keep it low enough, we'll be in the $50's easily. DBCC only owned around 38% of MarketWatch and they really weren't as attractive as MALL was recently based on float numbers, etc.

NAVR may be the best one yet! Given the rise of Broadcast.com, people may be thinking that radio and audio are the next "hot things" for the internet. We own 6200 shares and plan to even out to 10k sometime this week. We've been into and out of NAVR for the past few months. Everything is falling into place nicely with this stock and is holding true to form so far.

You are in real early on this one, DBCC we were in around 11-12 per share and had lots of fun with it. I think you'll be pleasantly surprised with NAVR in a couple of weeks! I don't think people will be more hesitant to hold onto NAVR because traders who were in USAI, DBCC, and MALL pretty much knew where the prices were headed with the number of shares, float, etc. I was surprised at high DBCC got based on the float, amount they owned of MarketWatch, etc.

Go NAVR!
Glenn
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