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Strategies & Market Trends : Trader J's Inner Circle
NVDA 181.77-0.9%2:55 PM EST

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To: D. K. G. who wrote (8454)2/10/1999 9:01:00 AM
From: unclewest  Read Replies (1) of 56535
 
NAVR from yahoo thread this morning. i am trying to keep up with this one.

the bad news...i was on airplanes all day yesterday. the good news...i am home.
unclewest

from yahoo...
I received a call yesterday from Terry B., Investor Relations, NAVR. She was returning my call from the day before. 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.
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