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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: zurdo who wrote (8741)2/23/1999 11:10:00 PM
From: stiltz1  Read Replies (2) of 27722
 
The ipo is coming; the stock a few days ago hit 12; it is now in the high fifteens: it moved up an 1/8 today on rising volume -- not average daily volume, but rising volume. which is a good sign of ACCUMULATION. It held its own today after a terrific two days of rising: the watch word here is rising: i would much prefer a slow rising to s-1 day than three steps backwards, foursteps forwards. There are a number of large block trades, on the buy side: the options favor higher prices ( in terms of premiums). So, what does everyone want: tomorrow, we see 40? Of course, that's what we want: but i would much prefer to see a steady upward movement than a few seconds of 40, and a drop back down. We as a stock, as a stock with a potential and a future are doing quite well: in december we were in the 8's and 9;s; barely three months later, we have almost doubled. That, my friends, is an incredible rate of return; i feel safer in this stock than many other internet plays that bounce radically up and down like some out of control yo yo.
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