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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: hoffy who wrote (4661)	1/15/1999 8:25:00 PM
From: snerd	Read Replies (2) \| Respond to of 56535

Hoffy... IMON... Hi hoffy. I could handle some of that for sure. But, I just took a quick look at it, and see the 52 week range of .40 - 2.62. Is that possible? I guess just on the hype and speculation? Just amazes me that a 2 dollar stock can go to 20 overnight! Crazy times we're in! Snerd

To: hoffy who wrote (4661)	1/15/1999 8:32:00 PM
From: Wes Stevens	Read Replies (1) \| Respond to of 56535

How well it will hold up after the ipo will depend a lot on how far it runs before. Again DBCC ran way to far. NAVR has less shares out and will own more of net radio then DBCC owns of MKTW. Every $1 rise in MKTW was only worth $.10 to DBCC. A dollar rise in net radio will be worth more to NAVR. It will probably bounce around a bunch before then. But the day of the ipo the price that net radio settles at will tell us where NAVR belongs. If it has run too far it will fall like DBCC. I do not trade stock full time - still have not been able to shake the day job. I will not be able to day trade this guy. If the ipo is too far out I will sell and look to re-enter. But as we get close to the ipo date I will have a price in mind. If the stock gets to that price it will be time to sell.