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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: FUZFO who wrote (15844)5/2/1999 3:58:00 PM
From: Cleo  Read Replies (2) of 27722
 
I'm getting a little wary about the level of bullishness on this thread ... all we have in our hands now is the long awaited IPO announcement ... we have yet to see any money!

Yes, if NAVR follows the path of some similar previous IPOs, we could easily eventually hit these numbers (forties) ... but a lot of people got burned in DBCC, including institutions. Are we sure this will follow a similar path?

For myself, I am going to be a little more conservative than I was with DBCC. Others may do the same.

Hey, I have been long NAVR FOREVER (it feels like forever, it has actually been more like 5 months) ... and still am ... but I'm not so sure we will repeat previous patterns in quite the same way. I intend to take partial profits when one day gains are excessive, and to buy back in on overdone dips. If it never makes it above 30, then fine, cause I'll have been in and out several times.

If it does run like crazy, then that is fine too, cause I will have taken a good percentage of my maximum profit (maybe half), even if I end up never buying back in because the dips don't come.

Just trying to add a bit of realism to the thread to counteract some the euphoria.

Hell, I'm euphoric too ... but as someone said earlier, show me the money!

I'll feel a lot better when we have a few days under our belt of solid gains on high volume!!!
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