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


To: simarx who wrote (275)7/22/1998 10:12:00 AM
From: Jon Tara  Read Replies (1) | Respond to of 27722
 
It's not an investment - it's a casino game!

Round and round she goes,
and where she stops,
nobody knows!

Place your bets, ladies and gentlemen, place your bets!

Or is it a carnival ride?

Have your picture taken on the roller coaster! Towells are available for the weak of stomach!

Wheeeeeeeee! ;)



To: simarx who wrote (275)7/22/1998 10:49:00 AM
From: Nathan G  Read Replies (1) | Respond to of 27722
 
Simarx,

This does seem like a very volatile stock despite its diminishing
volume.Open at 8 1/2 up to 9 down to 7 3/4 then back up to 8 1/2
and now leveling off at 8 1/8X8 1/4.A sure daytrading stock,yet in
the time and sales I'm noticing that there were a signifigant amount
of shares being bought at high prices compared to the amount of selling.This indicates that the momentum players are exiting while
more long term investors are establishing a base.Yes the stock could
touch the 6's but after the issue of the convertibles are out of the
way it should make a steady climb back up.This company has revenues
of 200M not chump change and has plenty of possibilities including
the spin-off of netradio and further inroads in software and music
distibution.

Only time will tell.