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


To: TH who wrote (782)11/30/1998 9:57:00 PM
From: MoonBrother  Read Replies (1) | Respond to of 27722
 
In my view, the current best internet plays are NAVR and ELBO. Both went up today
as most other internet stocks crashed. NAVR has announced that it will send its
NetRadio to IPO within the end of year. Currently NetRadio has a zero value on
NAVR's balance sheet. Obviously after NetRadio went public, it will dramatically lift
NAVR's valuation. At $15, I think NAVR could easily triple its price by year end.
ELBO has even better story. Not only its internet site has generated tremendous
growth rate in terms of Web sales revenue, its traditional store chain has done equally
well, especially during this holiday season. Two analysts cover ELBO, both give it
STRONG BUY rating. Just look at its Q4 estimate you can know how well it will do
this qtr. in Q3 ELBO made 8c profit per share, that's 2c better than analysts' estimate.
In Q4, ELBO is expected to earn 78c!!! That's about 10 times of what it earned in
Q3. You can tell why at $18 ELBO is the best internet play! In fact, it shot up to as
high as $25 during the noon time today when every other internet stock was in deep
downturn. I think ELBO will easily go back to that price tomorrow if the general
market recovers, even higher!

Good luck!

MB



To: TH who wrote (782)11/30/1998 10:18:00 PM
From: dale sicher  Respond to of 27722
 
I never minded paying Schwab $29 a trade, because I thought if a really bad day comes, hey, I've got telebroker and as a last resort, a human being at the end of a phone line. Yeah, right. Remember that nasty day last October? Good luck getting through any way. Let's face it, NONE of the online brokers are prepared to handle a truly catastrophic trading day. Man, just think of the litigation that will one day arise!

And regarding the fact that there really isn't any "bad" news out there, I disagree. It's funny how in the past when the negative news does become commonly known how everybody is amazed how the writing was on the wall and they missed it. And one more thing, most bear markets are triggered by events that are totally unexpected. That's why the markets correct so violently, 'cause nobody could possibly have seen it coming.

It's just my gut feeling when you see absolute looniness like the last several days, something ain't quite right. Maybe it's just me.

Good luck.



To: TH who wrote (782)11/30/1998 10:53:00 PM
From: dale sicher  Read Replies (1) | Respond to of 27722
 
Hey Matthew,

I know I probably sound more like "Chicken Little" than "The Voice of Reason", but I just stumbled upon a post of an article written for TheStreet.com a couple of days ago that echoes perfectly the thoughts I was trying to share with you and the others on this thread.

I hope you find it thought-provoking if not sobering.

Message 6601660

Maybe I should change my name to "Doctor Doubletop"! Whaddya think?