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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: zurdo who wrote (4753)1/20/1999 4:25:00 PM
From: Richard B. Haenisch  Read Replies (2) of 27722
 
Zurdo,

We should have realized that when all the brokerages out there added more and more internet companies to the "new" margin requirement list, that the next step would be ..."slamming the internets" !!!!

Last monday market makers meet and announce higher margin requirements on the internets and since then....BOOOMMM!!!!

I CAN'T TELL YOU ALL HOW PISSED OFF I AM AT THIS MANIPULATION OF THE MARKET!!

To be quite honest, I truly believe that it will be extremely difficult for NAVR or any other stock to get the expected effect from an IPO spinoff, the way we saw the others have (MALL and DBCC).

I feel sorry for everyone who bought on margin at these levels (YHOO, AMZN, NSOL, BCST...) THE MM ARE FORCING YOU TO PAY OR SELL!!!

RICO

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