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To: VBroady who wrote (5584)	1/28/1999 2:15:00 AM
From: VBroady	Read Replies (2) \| Respond to of 27722

Is there something wrong with this question ? - not short on NAVR, just doing DD - it is a valid question, worthy of an answer ..... anybody know the answer???? An IPO announcement is due within 60 days of Dec 7, 1998." I have heard this said many times. Shouldn't it say: "An IPO announcement is due at some time after Feb 7th, 1999" It doesn't HAVE TO happen before the end of sixty days, just sometime after, right? - or am I wrong on this? vb

To: VBroady who wrote (5584)	1/28/1999 7:12:00 AM
From: Lane Hall-Witt	Respond to of 27722

When Paulson was interviewed on CNBC, he said the filing for the IPO would be submitted within 60 days -- which I've seen interpreted to mean by Feb. 7, by Feb. 9, or by a couple of other dates in this vicinity. In the CC the other day, he said there would be a press release if NAVR was not going to meet the 60-day target. You're right to say that it doesn't have to happen by Feb. 7, but Paulson's two public statements on the matter have been consistent (60-day timetable that seems to suggest S-1 filing by mid-February).