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

To: Kathy Riley who wrote (427)	11/20/1998 6:09:00 PM
From: Byron Xiao	Read Replies (3) \| Respond to of 27722

Kathy. Nobody knows when IPO is scheduled. Maybe only the insiders know, but they can't give out those information. They would serve jail time if they do. Last I check, they only announced they intended to file in July. They haven't registered yet, and no underwriter info was given out either, and nothing about how many % of Netradio would be converted to commonly traded stocks. I am impressed it closed above 5 today. We only have 3 trading days next week, and then from middle of December to mid Jan, IPO market will be shut down for about 1 month. If they don't register b4 THXGiving, their IPO won't be in this year. So next week will be very crucial, because you don't want to wait till next january, who knows how the IPO market will be then. If they don't file next week, they are swimming with the sharks to wait till next year. My advice is: if they don't file by Wednesday, 12 noon, and the stocks are in the 6's, sell!! I don't think you want to hold this baby in the December quiet period. They will be in the 3's during that time, and if the IPO environment sucks in Jan, you will see 2's again. But judging by the daily volume recently, I think there are something cooking, maybe the insiders know IPO is comming soon and buying big chunks? I don't know. Lastly, the short positions on this stock has been dramatically reduced. I read in the Yahoo board that about 5.6M of the 7.1M issued options have been converted to stocks. There are still 1.3M warrants that are convertable at $2.63 floating out there (these numbers are as of 9/30/98.) So really careful about these options and warrants further dillute this stock, because these options and warrants were what killed the July rally. I learned a big lesson in July. I bought this stock the day after BCST's IPO, and there was a CBS Market news article touting NAVR as the next BCST. I bought NAVR at 8 1/4. But even when no negative news came out, NAVR continued to drop even with the news that NAVR was going to spin off Netradio. I couldn't figure out why until I read a Mootley Fool article on the bad timing of all the warrant/options being issued in May. There isn't a better time to do Netradio IPO than now. Call NAVR investor relation to voice your opinion. You don't want to wait till all the daytrading money come out of the internet stocks and hang any internet IPO dry to file. Mail/Call them now!!!

To: Kathy Riley who wrote (427)	11/21/1998 4:53:00 PM
From: iceburg	Read Replies (1) \| Respond to of 27722

Anybody know when IPO is scheduled for? I called a bunch of people over there but they would not talk, except to say there were issues to consider. I told them they had better do it ASAP because the current market conditions are ripe. They said they understood. At any rate the chart looks great and I am accumulating again. The chart looks much better than the other runs to double digits. The impending spike could be intense if it comes to fruition. Steve