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To: Annette who wrote (2537)	12/17/1998 2:03:00 PM
From: Dave Kosmayer	Respond to of 27722

Hello all, I've been in NAVR for a few weeks now also waiting for the inevidable pop when the IPO is announced. Patience oh ya since I'm in at 16 1/2 and 8 1/2 with an average of Oh $12 3/4... MSFT is the best stock around nothing ever stops it no court case can hold it back. When the courst case is over it will fly even more and the MSFT split will probably be anounced around earnings time or the day of earnings. Dave Long NAVR go Baby!

To: Annette who wrote (2537)	12/17/1998 2:04:00 PM
From: LTK007	Respond to of 27722

Annette,are you talking about the huge gap up on Gap up Monday-what was it,Nov.31--because,I just saw a show about the SEC is working vigorously to get new regulations to stop these huge opening gap-ups---but to be fair,they say this is not happening due to nefarious MM action(which I thought) but to the fact that on Nasdaq the MMs MUST commence trading 5 minutes after the bell--and that the MMs are totally inundated with buy orders,and they working in a totally impossible 5-minute time frame that is imposed on them---the SEC is recommending among other things,that they be given 15-20 minutes to get things straight. Oh,one other thing the SEC considers these at open run-ups to be extremely damaging to the stock market--are extremely alarmed by it--and also what they call the destructive effects of hugely increased daytrading that are destroying the old buy and hold concepts--BTW,I have myself become a trader,it is a necessary adaptation.Good Luck,Max90