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


To: Manly who wrote (1461)12/5/1998 12:38:00 PM
From: john  Respond to of 27722
 
t's hard to remain calm after we all got screwed Monday morning

Bought Friday last week at 10 3/8 was real happy Monday AM made stupid mistake, should have sold into the rush waited till Tuesday and put in a sell at 13 7/8 and got hit at 14 7/16 got lucky there. I got way too nervous with the large swings Monday and then the Tuesday opening, guts told me to bail. Wish I had listened to guts on some others.

I am on sidelines watching to see where this is going, maybe be back at some point, I want to see how the margin requirements will effect this in next few days and the obvious delay in the IPO from what investors thought.



To: Manly who wrote (1461)12/5/1998 1:31:00 PM
From: TraderGreg  Respond to of 27722
 
Good point Manly. That link shows a Price to Sales ratio of .45, when the stock was at $12.19. At an $8 share price, we are looking at a P/S ratio of less than .30.

For a net stock, that is ridiculously low, IMHO.

TG



To: Manly who wrote (1461)12/6/1998 6:12:00 AM
From: Ashley800  Read Replies (1) | Respond to of 27722
 

<<<But look at their numbers and you'll understand why spinning off NetRadio really makes sense for NAVR!>>>

Glenn, it may make sense for Navr to spinoff a money losing entity like netradio, but why do you think that will make NAVR's stock price rise much? Considering the "hype" effect that a stock gets from announcing the IPO has already occurred (even though it wasn't the "formal" announcement, the Marketwatch article had the same effect).

I'm not sure when NAVR began losing money w/ Netradio, but if you look at the chart going back to Sept. 1995, Navr almost always trades between 2 and 5 dollars. I'm assuming that in Sept-Dec of 1995 Netradio had no effect on Navr price. Therefore why would Navr w/o netradio trade for more than say the $8 it is now at?

techstocks.com

Kinda makes ya see why the CEO sold while he had the chance...