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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: somatics1 who wrote (23607)	1/25/2001 9:17:06 PM
From: Ken W	Read Replies (1) \| Respond to of 29382

George: Since you can't watch NAVI closely, just tuck it away and let it ride. You'll go nuts trying to follow it on the phone. <GGGG> I saw ya, admit it...you have taken my place on the road. CMGI has agreed to prop the company up to the tune of 80 million bucks. This agreement was made in June last year. 50 million has been forwarded in Dec. The next 30 million is coming in by July. Part of the deal was debt to CMGI, which they have agreed not to call for a while. NAVI says they have enough cash for the next 12 months, CMGI will re evaluate then and decide what to do. Ken