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To: DAVID C. DeANGELIS who wrote (20924)7/27/1999 12:16:00 PM
From: ratan lal  Respond to of 27722
 
Presumably netr will have 10 mil shares at a mean pr of 12 = 120 mil

where it goes at ipo is anyones guess. a price of 60 for netr is not unrealistic in this market. that will equal 600 mil market value.

If NAVR owns 60% of netr, then navr will have a market value of 360 mil just in netr.