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


To: Kulnor who wrote (235)7/20/1998 9:46:00 PM
From: Baghul  Read Replies (2) | Respond to of 27722
 
Among other audio related internet stocks, NAVR is dirt cheap
If you compare the Price/Sales ratio (since PE's are meaningless to the internet universe), you'll see my point

CDNW = 9.9
NTKI = 8.3
KTEL = 0.97
NAVR = 0.23!

The best part is that more than half the float was shorted as of last month. Granted a few people covered their positions, still we have a long way to go. This is the second time I bought this stock. In around $4 and $7. We'll see what tomorrow brings.



To: Kulnor who wrote (235)7/21/1998 11:14:00 AM
From: simarx  Respond to of 27722
 
-->This is a day trading stock.
It is a trading stock today too. The pattern has been easy to read, though a down-trend after it broke 9. Volume has slowed considerably after the first hour. I'm not holding anything now, though I went long and then shorted after it broke 9.

Make sure you watch your level 2, Time and Sales, and the news wires closely. You don't want to be stuck either way.