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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Curbstone who wrote (8371)2/19/1999 4:39:00 PM
From: coydogbark  Read Replies (3) of 27722
 
From yhoo board: "FROM THE HORSES MOUTH"
IPO registration "very soon". Seems the SEC is behind on IPO filings.
Road show concurent with filing.
IPO wol look like $500 mil mkt cap...could double on IPO
day...NAVR will keep 60%. Sooo 60% of $1Bil is $600/16mil
shares=$37.50 for net radio part...NAVR without debt is worth
about $7/share...Sooo we could see $44-45/share after IPO. That's
the time to write covered calls at about 12%/month!!!
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