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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: stiltz1 who wrote (7550)2/11/1999 11:22:00 PM
From: C Wright  Read Replies (1) of 27722
 
OK... I haven't been in this stock since last Spring... And if I felt as some here do about the management, I wouldn't be in now.

I took a position the beginning of January from a stock scan and the chart (and some DD). Based on the chart, I should have been looking to sell after Friday but with the correction and all... I held on because I feel this is going to turn around. I was not comfortable with this stock going below 15 but corrections muddle everything. I need some reassurance at this point and will be watching closely tomorrow and Monday (the technicals are part of my discipline and help keep me objective and solvent when I want to get emotional about a stock).

Whatever I do... I plan to be in when the IPO is formally announced. And based on past IPO situations (and barring depressed market conditions... I hate these corrections!)... I expect a positive response and subsequent price increase. Of course, this is JMHO.

Happy Trades!

Carol
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