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

To: Tom Hua who wrote (5636)	1/28/1999 4:01:00 PM
From: zurdo	Read Replies (1) \| Respond to of 27722

Tom, NAVR has not needed an IPO announcement to go up 2 points in the past...I believe it will be considerably more than that....However, we shall see...

To: Tom Hua who wrote (5636)	1/29/1999 11:32:00 AM
From: AJ Berger	Read Replies (2) \| Respond to of 27722

Tom's no Bear, just a DayTrader I'm glad he contributed recently to this thead, and appreciate his point of view, let's review the life of an IPO play thru the eyes of a DayTrader. You can use MALL/UBID or DBCC/MKWT as perfect examples: There are 4 distinct points Long and Short that interest daytraders when trading IPO Parent Companies: LONG as IPO announcment rumor Waxes SHORT as IPO announcment rumor Wanes LONG into actual IPO announcement SHORT between announcement and the week prior to actual IPO LONG into IPO release week SHORT just PRIOR to actual IPO release LONG the week after IPO, when there are more suckers who are holding at a higher price, that the few buyers have to bid up the price in order to shake any loose. SHORT when volume and press in this play finally dries up. While buy and hold types hope to double or triple their money here, Daytraders can not only make a great deal more money with less risk, but have their cash free to take advantage of trading opportunities elsewhere. They also benefit from 4 distinct trading opportunities, so should any IPO deal fall thru at any point, they've already got profits, while the buy and holders are losing. DayTrading is a full time pursuit, that many casual traders here can not afford to pursue. So give people like Tom some room to level with us, as it's traders like him that help to exaggerate the stock movements, and our profits as well. Don't be surprised to see a weak close on NAVR today as Daytraders also hate holding positions over the weekend.