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

To: dale sicher who wrote (779)	11/30/1998 9:56:00 PM
From: TH	Read Replies (3) \| Respond to of 27722

Its not fact, but its more than rumor I just called a broker, (yes sometimes Schwab is worth the 29 bucks a trade) and they told me that there is NO official policy from the FED regarding increases in margin requirements for internet stocks. She did say that many of the brokerage houses may make the increases on their own, thus eliminating the need for the FED to take an official action. She did not think that Schwab was going to do this at this time, at least not to her knowledge. BTW, I am long on Navr, and its about the only internet stock I feel that way about. Everytime these have gone down, and that has been quite a few times, everybody runs around like the world is going to end. Its December and the bull will keep running. Think about it, we don't have any "real" bad news, just some month end profit taking and a correction on some of the nets that maybe were in fact overvalued. When I use the term overvalued I mean in the present tense as many of the high flyers may prove worthy of their high point values at some point in the future. Like when a positive revenue flow is established. Navr still has legs IMO and should hold or rise slightly until the IPO is officially announced. I see high 20's as the IPO approaches. I do not see this stock at 30, 40, or 50 with its current earning history and near term potentials. But high 20's might be a fair price. Good Luck to all