Audio and Radio on the Internet- NAVR Message Board

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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Sgt. Stockpile who wrote (8909)	2/24/1999 10:44:00 PM
From: stiltz1	Read Replies (3) of 27722

It's not even patience; it's having an investment horizon longer than 24 hours; that is the real trouble with day trading and why people lose so much money at it: they want instant gratification. We know there will be an ipo; Everen is issuing it; everyone and their brother wants a piece of the netradio offering; brokers at Everen are being peppered with requests. it's a hot prospect that will come and with it will come great rewards. The stock is being accumulated by people who understand investing horizons last longer than your last meal. The shorts obviously want the stock to go down; but it won't. The issue is not whether Paulson and company decide to advertise on an expensive air time; but to rest easy in the knowledge that within a very, very short period, the S-l filing will be announced.

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