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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Fast Eddie who wrote (7198)2/9/1999 1:56:00 PM
From: JW Steve  Read Replies (5) of 27722
 
FOOD FOR THOUGHT

The following is from another board. I am starting to think that we may see the IPO announcement timed with the resurgence of the market which could be really sweet. Imagine all the people who sold out at 16.5 trying to limit their losses hearing the announcement after the bell (you know that's going to happen) and a gap up to 20+ the next day. Everybody who is kicking themselves in the ass for having sold, will be scrambling to get back in. Could be a very positive scenario indeed.

Take the following with a grain of salt, or call for yourself.

jw steve

----- Taken from Raging Bull --- Apparently Taken from Yahoo ---

It's 12:20 and I just received a call from Terry B., Investor Relations, NAVR. She was returning my call from yesterday. She couldn't say much, of course, but this is what she did say:

1) that Mr. Paulson wants to convey that the IPO is "right on track".

2) that the "several weeks" bit was the idea of NAVR lawyers in order to provide plenty of flexibility.

When I pressed Terry for precise timing, she was a good soldier and refused to say anything. She wouldn't even reveal a "ballpark" date. All she would say is "right on track" and that the "several weeks" phrase was the lawyers idea.

I said, "I get the feeling that you are trying to encourage me with the idea that the IPO is not 'several weeks' away." She wouldn't even own up to that. But she did say that she herself was "very happy" with what was about to take place. I assume that she is a shareholder too.

If you would like to call Terry and receive this information first hand, call (800) 728-4000 and ask for Terry.

That's all for now.

All The Best,
Mike
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