Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: neverenough who wrote (1307)	12/4/1998 12:42:00 AM
From: TH	Read Replies (1) \| Respond to of 27722

I don't think they would have sold that quick without inviting legal action. Does anyone know if either of these officers have a history of scum-bag actions? If they did sell then that would indicate the entire play was a short term action for their benefit only. I don't think they are that shortsighted. I mean the guy still has a couple of million shares. Now take the actions of Dan Phillips, CEO of FP. This guy is pure scum of the highest order. No, the NAVR officers planned on selling during the runup after the IPO is announced as filed. Do the math. 2 million plus shares sold at say five equals 10,000,000. 200,000 at the very top $26, not that they could have gotten that for all their shares, equals 5,2000,000. If it was my stock, I would be looking for the near term play to put five to ten mil in my pocket and still have 90% of my holding in company stock at a new higher value. If they did go for the short play then they are stupid and the lawsuits will appear and they will be down the tubes. They can kiss away the remaining value for the rest of their holdings. The IPO will happen, I bet within 60-90 days, and it will happen as fast as they can make it happen. I will hold and I will buy more if it breaks five. We have a market game being played this week. We are outside the game, but the street knows about it. Find the reason to take profits and start the game again. Two good friends are brokers and they are always laughing about us. No offense to the Bald Man, but I would like to know where the endless supply of money to fuel his unending losses comes from. I watch where he posts and weight that before jumping in. Good Luck