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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Rajiv who wrote (11156)3/11/1999 10:55:00 AM
From: cazz  Read Replies (2) of 27722
 
Rajiv I am not totally confused. And they are your numbers so you can pick your trading strategies. My point is that you went to the extreme low end of the spectrum when you cited the stock price of 3.00 and the Date of Nov 1st. I WAS IN THIS STOCK BACK THEN. You are assuming every tick up from 3.00 to 13.00 is solely IPO hype. How much movement are you attributing to DEBT FREE BY MARCH 99. I know you discount this statement but I heard it directly from the cc. There was the CD point news back in OCT, along with other press and the first inkling I see of IPO info posted was on NOV 9th and then on the 10th someone spoke of talking with the company and that Everen was the Underwriter. My point being that you went to the low side and seem to account every tick for IPO hype and say the 10point gain has been already built into the market cap. Maybe other information released helped move the price also, maybe 3.00 is too low of a price to pick for hype starting, but then again they are your numbers for picking your entry point.
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