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To: zurdo who wrote (5952)	2/3/1999 7:59:00 AM
From: Tom Latham	Read Replies (1) \| Respond to of 27722

Hmmmmm, 1. AJ IS a good and experienced invester 2. My opinion AJ is not short nor trying to promote fear. 3. AJ has an objective mind for investing, he sees both the pos and neg threats at the same time, what makes him sucessful. 4. The conversation he had with co-founder: says the system of application for the IPO is in its legal course. Did I/we/you expect him to say "don't tell anybody and it will be filed FRI" or " we just decided not to do it". The legal ramifications here on getting this thing done are enormous so the conversation was and had to be ambigious. A little patience will in my thinking pay pretty good rewards in the near, probably very near term. One last question folks, Who will be most rewarded when this is a done deal? Answer is; the people getting the IPO paperwork done right this very minute........the owners and principals of NAVR.

To: zurdo who wrote (5952)	2/3/1999 8:28:00 AM
From: SteveDavis	Read Replies (4) \| Respond to of 27722

zurdo, I don't post often and I am long 3K of NAVR. The one guy who was sort of silly was the one who said he was an experienced active investor and had just heard of NAVR? Give me a break. Anyone who half listens to CNBC saw the DBCC/MKTW news. Anyone who has read any of these threads (Lastshadow, Tim Luke, etc) has seen NAVR mentioned numerous times over and over. Now to come wandering in here and say what's going on here insults my intelligence. Managment knows what will happen to the shares of NAVR when the IPO is finally filed. Now lets assume that management owns a share or two themselves. Do you not think that management sees this IPO as the chance of a lifetime for them? Steve Davis