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Technology Stocks : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?

To: Lynn who wrote (20937)	7/27/1999 2:42:00 PM
From: DAVID C. DeANGELIS	Read Replies (1) \| Respond to of 27722

Lynn & all, NAVR core business is improving -11 cents was nowhere nearly as bad as past quarters; sales are up & NETR expense will be gone. 60% of NETR even at $12 is 72 mill added to NAVR's value. NETR does not have to perform well to be a benefit to NAVR, just getting the expense off the books is a huge bost to NAVR's financial status. Any GREAT performance of NETR will be that much better. Mgt. is not held to the highest regard ON MESSAGE BOARDS. As I see it they are adhering to the quiet period & have not misled anyone regarding the IPO status. I see no factual lies or material, intentional deceptions in any Press release, Filing or interview They just have not met our expectations due to the Union merger & Paulson's back surgery. We all thought the IPO would be done by July, did NAVR issue a PR stating a target date for NETR? No. Did Paulson say they were "persuing the IPO aggressivly" Yes, and that's all we are alowed to know until the next s-1a