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


To: PAL who wrote (2991)12/24/1998 8:11:00 PM
From: Annette  Read Replies (1) | Respond to of 27722
 
These reason UBID dropped so much because it was just ANOTHER auction site...alot of these IPOs popping up remind me of a movie set of a western town...they look like big solid buildings...but you walk through the door, and gee whiz...nothing behind the door...just 2X4s holding it up! And look! All the building the same....just a playground for us investors...

Navarre is a real building...you open the door and you see a business plugging away(the brochure has all of the employees in front of it)...and Net Radio isn't like the tons of auction IPOs.

The investor pack can be sent to you...just go to the Navarre.com site and sign up for it...it has NO info of the upcoming IPO, but has all of its old press releases...even the ones they released in summer about the IPO that was supposed to happen.
There are backgrounds on the management(everyone seems to be in their 50's...the youngest I saw was 44)andon the different divisions.

You should get it...it's neat reading!

I don't understand the stop sell limit...is that when you say sell@61 or above? I have never placed market orders or sells...

Annette

Anything above the 27 where many people were stranded would make me happy...I do not want to see ANYONE lose money!




To: PAL who wrote (2991)12/24/1998 8:51:00 PM
From: Curbstone  Read Replies (1) | Respond to of 27722
 
Paul,

It has been my (limited) experience that these big (sometimes gapping) early morning run-ups are followed by a sharp decline starting at about 10:30 - 11:00 EST. What do you think about selling NAVR at or near 10:30am and waiting for the first round of profit-taking to buy back in? I don't really expect to sell at the VERY top, nor do I figure I'll be able to buy in at the very bottom, but I sure could use a little guidance here.

On a related note, since the MM's are aware of the above, and have had a LONG time to prepare a stategy that will ensure that THEY (not us) make the most money when NAVR pops, can you think of a simple way to stick a spike in one of those market makers and drain that sucker day after day like a maple tree?

Sincerely, Mike