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

To: RockyBalboa who wrote (1879)	12/8/1998 9:29:00 PM
From: StockDung	Read Replies (3) \| Respond to of 27722

Why is there not a big concern over the market's level of bullish sentiment ? The number of bullish advisors is near a seven-year high and speculation remains rampant. Garbage stocks like NAVR driven on CNBC hype and a Spin off of a IPO that makes NAVR worth $4 at best. The real funny thing about NAVR is all those convertibles and warrants dilute the holders of the common stock to a point where they are just left holding the bag. The way I see it is this speculation bubble is about to burst. Short interest figures are distorted because the holders of the converts and warrants shorted to lock in profit. Daytraders had hoped for a short squeeze and I don't see on. Guess they just did not check into the facts. floyd