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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Annette who wrote (6843)2/8/1999 5:16:00 PM
From: TH  Read Replies (1) of 27722
 
Annette,

Good question. The reason was to sell the sizzle on the IPO and to address the rumors.

There is no question in my mind that these guys are going to do an IPO. I just wish this 11th hour milestone had not arrived without the news.

I am very lucky in that I have traded NAVR many times and the half position I currently hold is funded from profits, but cash is cash and I don't want to see it go the other way because of some panic. I will add more if it goes to a certain level and I will add more if I can when it starts to run.

I have been reading the Yahoo today and the shorts are out in force. They will jump all over this and the NAVR longs have got to be prepared to ride it or bail.

I'm riding.

matt
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