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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: zurdo who wrote (12570)	3/30/1999 7:47:00 PM
From: FUZFO	Read Replies (1) of 27722

zurdo, I finally recieved a response from the SEC on time to review S1, here it is and note that tomorrow will be 4 weeks since the S1; Thank you for contacting the SEC. The Division of Corporation Finance provides the information below in order to assist you. The SEC attempts to review and comment on the initial IPO registration statement within an average of approximately 30 days. The period may be shorter or longer for particular filings. The timing of an offering generally rests with the issuer after comments are received. Questions regarding the status of the processing should be directed to the issuer or their counsel. ______________________________ Reply Separator _________________________________ Subject: Time for SEC to review an S1 ? Author: <XXXXXXX@XXXXXXXXX> at Internet Date: 3/15/99 9:07 AM Dear Sirs I am invested in a company which will be spinning off one of its parts in an IPO. They have filed the so called "S1" form with the SEC recently. How long is it currently taking, on average,for the SEC to review and comment on the S1 in order for the co. to amend the S1 and the process to continue? Regards

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