SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Audio and Radio on the Internet- NAVR -- Ignore unavailable to you. Want to Upgrade?


To: Annette who wrote (4422)1/15/1999 2:58:00 PM
From: Dave  Respond to of 27722
 
Annette,

<<So what does this mean as a NAVR shareholder? Navarre is keeping what, a 40% share of Net Radio...but it doesn't look like there will be dividends...meaning we get NOTHING?>>

If I understand this correctly, 50% of the value of NetRadio will fall into NAVR, raising its value. Also, there will be $$ added to the balance sheet from the %35 they will be selling. All this increases the value of NAVR stock, so I guess they feel they don't owe anyone anything additional.

Dave



To: Annette who wrote (4422)1/15/1999 3:08:00 PM
From: TraderGreg  Read Replies (1) | Respond to of 27722
 
Can't answer that question...it depends on how they structure the IPO

TG