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: DAVID C. DeANGELIS who wrote (15783)	5/2/1999 9:35:00 AM
From: AJ Berger	Read Replies (3) of 27722

Math has Everything to do with buying NAVR What made DBCC run was the fact that Math allowed any idiot to calculate the fair market value for that stock to be at least $28 when you added a reasonable Market Cap gain from their IPO. Any volitility above that price was simply momentum players, short covering and late to the party crashers who lost a lot of money DOWN from that $43 high. People are not stupid, they will only throw money at this stock if they know a certain base price is assured. I just don't see this base price in NAVR coming out any higher than $20 even on it's best day. If it would have been 85% of 14mil shares as many originally thought, then the base price would have gone into the $30's, but NAVR obviously let Everen screw us all. You think I'm here to short? you could not be more wrong. Just wait till this turkey get's above $20, then you will be deluged with Short Talk, and I will have long ago taken my $17 long off the table in favor of far better ideas.

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