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To: Stephen Adnan who wrote (603)11/29/1998 6:58:00 PM
From: Spider Valdez  Respond to of 27722
 
i am curious. can you tell me float & outstanding shares against this 1 million share short? how many shares are due to come off restriction? i tell you thanks in advance.
spider



To: Stephen Adnan who wrote (603)11/29/1998 7:35:00 PM
From: LTK007  Read Replies (1) | Respond to of 27722
 
I get a little tired of answering this same question--there were
7million convertibles preferred A that were obtained at a 3 dollar value--they were able to sell since July---the last of them were most
likely consumed on Friday---whatever were left will be burned up tomorrow,or they will hold on---be patient---this situation has actually enabled people to get a bargain price--be patient.Max90
I am holding with 5+ cost/ basis and have no intention to quick trigger this



To: Stephen Adnan who wrote (603)11/29/1998 8:27:00 PM
From: LTK007  Read Replies (1) | Respond to of 27722
 
Stephen,you got me thinking on this---I went to check BAMM 5-day and
I see on the day before it went ballistic it had a HUGE volume day,but
price action was similar to that of NAVR's on Friday--BTW,I bought BAMM at 3.5
and sold two days later at 8---man you can NOT underestimate these internet stocks--here is 5-day price-volume on BAMM
quote.yahoo.com



To: Stephen Adnan who wrote (603)11/29/1998 8:38:00 PM
From: Mohan Marette  Respond to of 27722
 
Could this be one of the reasons?

Stephen:

...'For argument sake, can anyone educate me as to why this ONLY rose $6 on IPO news with 1,000,000 share short????..

Could it be that a lot of potential participants were all watching the football game on TV or something similar with the family on account of the holiday and all and did not bother with the market at all. Perhaps the same people (mostly MMs and other traders) were flipping the stock back and forth. Just a thought I could be totally out of whack here as this is mere speculation on my part.




To: Stephen Adnan who wrote (603)11/29/1998 8:51:00 PM
From: KZAP  Respond to of 27722
 
Good post Stephen.

Whatever the case. I'm betting another 10k that NAVR will
be one of the best if not THE best buy come Monday.
Way too many indicators point it into space.

Get ready for lift-off!

I can't help but allow the hype to expel from my finger tips.
Better add a disclaimer. <g>

This is JMHO and I'm just a individual investor.

Happy investing!

KZAP