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

To: Benchman who wrote (1470)	12/5/1998 2:30:00 PM
From: Manly	Read Replies (2) \| Respond to of 27722

Benchman, Think about the shorters.... Their portfolios are most likely more margined than most longs because they are the "serious players". I would guess these guys are shorting all net stocks with many of them now requiring cash for these stocks - no margins. This would force them to make a decision on which ones to sell to cover their margin calls. If I was shorting a stock I would pick a stock with a higher value than $8.00 because a stock worth $50 now has a better chance of going lower than a stock worth $8.00. JMO - but we all know logic goes out the door with these stocks. I'm just betting that someday NetRadio will be spun off - too much money to be made by doing this versus sitting on it forever! Shorters also know about the possibility of an IPO someday and don't want to get caught when such news comes out. That's why I'm guessing they'd cover their NAVR first before they covered EBAY, etc. This new margin requirement will help us someday with NAVR being so shorted. They'll want to jump ship quicker locking in profits, this will cause the price to really jump when it does!!! Anyone want to buy 7K of NAVR at $22.00? Someday we'll be there!!! GLenn

To: Benchman who wrote (1470)	12/5/1998 2:37:00 PM
From: TH	Read Replies (1) \| Respond to of 27722

I agree, on the short term swing from shorters on net stocks that have formed some kind of base. I am wondering if it will be a wash sale on NAVR, or will the net (no pun intended)result will be a slight increase. I don't think there is anyway this can be determined due to the fact that no information is available concerning what percentage of shorts are margined. I do think that NAVR has formed a short term base. I actually thought it would be around 8.5 due to high turnover of shares available to trade. I don't think too many who bought below 4.5 are still holding. All of this waxing is total BS if the market decides to sell again. One last factor with the margin increase at various brokers taking effect on different days (I am expecting more brokers to add these requirements over the next week) then the balance of money in nets will be decreasing over the next week. Does anyone have a summary of what brokers has imposed the new rules and which ones have not? In the end, there will be less money in the nets and the investors who like them will have to choose which ones they want to keep from their halved pie. Navr has a good story that has a near-term event (45-90 days) to trigger interest. I personally would hold NAVR before ONSL, MALL, BAMM, and quite a few others. Good Luck