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To: Stcg who wrote (20247)12/2/1998 12:42:00 AM
From: mark hsu  Respond to of 119973
 
NAVR's last filing with SEC on Nov. 25

For full story, please do a search on Edgar Online (registration required). The gist of it, is that one of NAVR's initial investors has filed to exercise its warrant at $3.90 for 180,000 shares. This was prior to the run-up in NAVR last Wed, Friday, & Monday. Opportune timing wouldn't you say? Hot internet market, exercise warrants...

Anyone care to read the prospectus and give a second opinion?