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To: ratan lal who wrote (6154)	2/4/1999 1:34:00 AM
From: Eric	Respond to of 27722

agreed. notice that NAVR hasn't been moving a lot lately, today's move can be an attempt to increase the volatility in the stock, hence the premium of the option ...

To: ratan lal who wrote (6154)	2/4/1999 7:39:00 AM
From: Dave	Read Replies (2) \| Respond to of 27722

"I think the last hour move may be related to the OPTIONS trading that will start on Friday....... I bet you the MM are getting ready to take money at the $20 strike price and dont want to lose out big if the IPO announcement comes and moves this stock up. The premium on the option will tell us what the MM are thinking.." Ratan, If the MM's wanted to move the price up, they could have done it with low volume. This was from something else. The options news has been out since last week. Dave