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

To: TH who wrote (5023)	1/23/1999 11:32:00 PM
From: MyAssets	Read Replies (1) \| Respond to of 27722

Greetings NAVR thread. I'm new here and just joined SI. I have been watching this thread for some time. Just thought I'd drop in and say hello and introduce myself. There are a lot of new people here the last week. I just downloaded NETRadio and it works perfect. I'm really excited about NAVR and what is going to unfold this week, next week and the weeks to come. I've been long from 7 down to 2 and jumped out at 12 and repurchased. NAVR + NETRadio + ? are going to Rock-N-Roll.

To: TH who wrote (5023)	1/24/1999 1:35:00 AM
From: Mark[ox5]	Respond to of 27722

Hey I just talked about the car; never purchased it :) that is a long way off... just some discussion. LOL (need a house and a garage first) ;) Chris, I disagree with your assessement of a drop to $8 or so if their is no IPO announcement along with earnings Monday. That is a bit ludicrous. The only way I conceive of such a drop is a bear market, and/or a total cancellation of the IPO. Then no bottom is safe. Betting against either of those 2 scenarios... take a look at the 1 month chart for NAVR with 5, 10, 20 day moving averages. Friday AM, NAVR bounced right off the 20 day ($14) like a champion and came back to rise above the 5 day moving average. In the past 30 days NAVR has fallen through the 5 day moving average exactly 4 times, each time falling to the 20 day moving average before recovering. Hence, this is a perfect trading stock as long as the IPO is still on course and nothing crazy happens. This is one of the stocks the daytraders on many threads play, and everyone is familiar with. The potential for a double here is very real and could come very quick. I did mention about 2 weeks ago the scenario of a "double rise" in which their would be the initial rise after the official announcement of the IPO, followed by a drop off, than the second (bigger) pre-IPO. From just reading the past 2 days messages I see this is an idea many people have embraced. Right now the 20 day moving average is at $14, which NAVR has not violated in at least 3 months (that is as far back as I charted it), so that is your downside. Your upside is "$?" Mark