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To: simarx who wrote (281)	7/22/1998 1:10:00 PM
From: simarx	Read Replies (1) \| Respond to of 27722

An interesting article regardig future Interent Stock growth. Illustrates the high risk involved: biz.yahoo.com

To: simarx who wrote (281)	7/22/1998 11:29:00 PM
From: iceburg	Read Replies (2) \| Respond to of 27722

Hey! Simarx! You cant have it both ways! If you are right and the PPP are shorting the bejesus out of it so they can cover, the dilution has already occurred because they have to cover with their own shares. If it is "professional shorts" they will all need to cover and at much higher prices., the PP people would have sold by now were they not sure NAVR was going much higher... Take your table scraps along the way up if you are good enough, but the technicals are sound, the fundamentals are getting there, and I have no problem justifying NAVR's current MC, even fully diluted, based on sales and growth. How many Internet related companies can you say that about right now? Do you feel sorry for all or the poor souls who paid $7-$10 for IFLY, only to have at best case dead money for the past month, or two, or 3??? Meanwhile you say you feel sorry for those who paid 8 1/4 for NAVR today? IFLY may well be $20 tomorrow, but the chart looks terrible right now (it is dangerously close to breaking out of it's wedge pattern in the wrong direction, it has moved clearly below important moving averages, MACD has gone south etc). Meanwhile, all major airlines let you make reservations online and YHOO et al. are making major strides to monopolize what is left of the travel agent side. IFLY has suffered significant dilution of late and they have more shares hanging over their heads from the merger. ETN is clearly the current leader in Online travel agencies but there is nothing preventing YHOO, XCIT, heck even AOL from getting in that game and squashing IFLY like a bug (no pun intended <LOL>) So you better be sure IFLY has some cooboration going with a major player before anchoring too much of you day trading profits on her. Steve