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To: Edward Y. Lee who wrote (5842)	2/1/1999 9:40:00 PM
From: moby_dick	Read Replies (1) \| Respond to of 27722

Who knows when the opitons will start trading. Is there a specific day? I thought I say 5 FEB 99 but cannot locate the reference. Any help? Moby.

To: Edward Y. Lee who wrote (5842)	2/2/1999 12:33:00 AM
From: Richard B. Haenisch	Read Replies (1) \| Respond to of 27722

Hello Edward, You are absolutely right, I did get out of NAVR. the day after it dropped so unceremoniously from $18 3/4 to $17 1/2. I still, however, like the momentum play and small float of Navarre, enough to come back in 1 1/2 points lower. I think management wants to feel out the call option interest for the in the money ($16) February calls. If NAVR. opens for options trading on Feb. 5th, they will probably coordinate the anouncement with that day. IMHO Meanwhile I will be enjoying the ride over at SATH tomorrow - should be interesting! Good luck to all the longs in NAVR!!!! See ya, Ed! Rico