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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Edward Y. Lee who wrote (5842)2/2/1999 12:33:00 AM
From: Richard B. Haenisch  Read Replies (1) of 27722
 
Hello Edward,

You are absolutely right, I did get out of NAVR. the day after it dropped so unceremoniously from $18 3/4 to $17 1/2.

I still, however, like the momentum play and small float of Navarre, enough to come back in 1 1/2 points lower.

I think management wants to feel out the call option interest for the in the money ($16) February calls. If NAVR. opens for options trading on Feb. 5th, they will probably coordinate the anouncement with that day.

IMHO

Meanwhile I will be enjoying the ride over at SATH tomorrow - should be interesting!

Good luck to all the longs in NAVR!!!!

See ya, Ed!

Rico
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