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


To: M. Scott Gegenheimer who wrote (4786)1/16/1999 5:35:00 PM
From: Wes Stevens  Respond to of 56535
 
Navr, Scott:

I agree completely. I did not include analysis on your first two points as I figured they pretty much cancel each other out. On point number three we saw that in mall. After it ipoed ubid a lot of people did analysis on what the price of ubid should do for mall. It always seemed to trade at a discount from where that analysis placed it. If you are planning on keeping navr for longer term after the actual ipo you will need to keep this in mind. What I am trying to do is figure out where it will run to in the days leading up to the actual ipo. This will help me make my exit point as I do not plan on holding through the ipo. I may also sell when they announce the ipo as you are planning depending on the time between the announcement and the ipo.

I avoided the internets all year last year because of valuations. They still make me nervous. But I have made more money on them this month then I did all year last year. My strategy for not getting in trouble is to stay away from the high flyers and to take profits early. Not sure this will save me if the internuts fall out of favor, but it may limit the damage.



To: M. Scott Gegenheimer who wrote (4786)1/16/1999 6:01:00 PM
From: Annette  Read Replies (1) | Respond to of 56535
 
Navarre is a music distributor...they are NOT an internet company...people tend to forget this....
Annette

you wrote....<<<<<Don't get me wrong I like NAVR, unfortunately we haven't seen the prospectus yet and there are a lot of unknowns. Also Inets are not valued like typically companies. If these Inets start earning money it could cause problems in their valuations. Lets hope that doesn't happen >>>>