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To: Tom Hua who wrote (1862)12/8/1998 6:36:00 PM
From: Gutterball  Read Replies (2) | Respond to of 27722
 
I'm concerned about the weak price at the end of the day. It is hard to believe good news can be kept a secret. Surely, the people putting the IPO together know the score. It's evident nobody bot because they saw these guys buying.

I was hoping NAVR would close above $12 today. It made several attempts but couldn't sustain its price. I'm still in, but I don't relish the idea of holding Navarre for the rest of the the month. However, I'm betting the CNBC interview and press release will move price higher tomorrow--at least at the open.

It is hard to believe Navarre would go on TV and shoot themselves in the foot. But I've seen other companies do it. Here's hoping the CEO talks like an investor who intends to move his company forward in leaps and bounds and not like a techno nerd.