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Technology Stocks : Audio and Radio on the Internet- NAVR
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To: Slaran who wrote (6976)2/9/1999 5:03:00 AM
From: LTK007  Read Replies (1) of 27722
 
bodie,that daytrader's post will hurt bad----that press release will be exploited by every short for all its worth--here is the text from the site,
2/8/99 5pm NAVR $18 ish

NAVR postpones NetRadio IPO filing YET AGAIN. For the 3rd time NAVR CEO seems to have missed the date he
promised for the filing of NetRadio IPO and puts it off for several more weeks. After he promised in early December it'd be
done in the next 60 days (Feb 9th) he seemed to change his mind and has put it off yet again. After he disapointed in
November NAVR fell from a high of $26 to $7. I suspect this announcemnet will have a similar effect, with NAVR
hopefulls welling up with disapointent. My thoughts are that NAVR opens up around $15 and sells off throughout the day to
$13 area and tests $9....where it bounces and bases around $10 until the next round of IPO hype.

Net Radio sees IPO filing within several weeks
(Reuters 02/08 18:15:55)
MINNEAPOLIS, Feb 8 (Reuters) - Internet music provider Net Radio Corp., a majority-owned subsidiary of Navarre Corp.
<NAVR.O>, said on Monday it expected to file for an initial public stock offering within the next several weeks. The
company had previously announced its intention to file a statement for an IPO with the Securities and Exchange Commission
Net Radio produces and delivers music, information and original programming on the Internet. It also has an online music
retail store.
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