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

To: MyAssets who wrote (6576)	2/7/1999 2:46:00 PM
From: Lynn	Read Replies (1) \| Respond to of 27722

I don't understand this at all: >My Broker said that to purchase more NAVR >the trade has to be unsolicited and he was restricted/prohibited to sell to "family" >members. He also stated that DWR is requiring him to get corporate authorization and >that you had to have previously owned NAVR shares. Is your broker a relative of yours? I don't understand what your broker means by 'family.' Is your broker saying that any person who has not previously owned shares of NAVR now needs authorization before buying any? I'm not trying to be hard on you, I am just totally baffled by you posting. On Friday I picked-up a few more shares of NAVR [near the daily low] in an account in which I had zero shares before. This was done through Schwab and I had no trouble at all. Lynn

To: MyAssets who wrote (6576)	2/7/1999 7:32:00 PM
From: David D.	Respond to of 27722

MyAssets, I ran into this once with my broker. Several years ago and on another company. My broker told me it had to do with "him" and not me. He was restricted in selling more of the shares because he had solicited so many purchases up to that point. His portfolio of customers were very heavy in the particular stock that he and I were buying. So, he was restricted, (by Everen Securities, my broker), from selling me any more shares. He could only sell them to me if I signed a form stating that I solicited him for the purchase and not the other way around. This stock, as is NAVR, was highly volatile and they basically wanted to protect themselves from clients who were solicited so strongly and to such a great degree, (my broker controlled 5% of the companies outstanding shares via his customers). I signed the agreemement and purchased the additional shares. Hope this helps David D.