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


To: Lane Hall-Witt who wrote (6317)2/4/1999 4:55:00 PM
From: Edward Y. Lee  Read Replies (1) | Respond to of 27722
 
By: SOESTrader
Reply To: None Thursday, 4 Feb 1999 at 4:47 PM EST
Post # of 850


NAVR should gap up nicely tomorrow. After hours ISLD trades show NAVR 19 3/4 x 20 1/4. TGLO news should propel NAVR into the 23s range and with the IPO release imminent, it looks as if Paulson is playing this one perfectly.

"Our combined efforts will result in consumers having instant access to the hottest consumer software." Clipped from press release spoken by Paulson.

This alliance news, IMO, is only the appetizer leading to the main course IPO announcement of NetRadio coming early next week. NAVR has a substantial short interest built in, and news of this calibur will roast the shorts. I expect NAVR to gap up to 21 1/2 at the open, hit a high of 24 1/2, and closing @ 23 3/4. Again, I expect NAVR to gap up Monday morning with IPO news imminent. Looks like good days are here again.

ST