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

To: zurdo who wrote (6861)	2/8/1999 6:10:00 PM
From: Stephen Woods	Respond to of 27722

FYI: MINNEAPOLIS--(BUSINESS WIRE)--Feb. 8, 1999--Net Radio Corporation, a majority-owned subsidiary of Navarre Corporation (NASDAQ:"NAVR"), today confirmed its previously announced intention to file a registration statement with the Securities and Exchange Commission for an initial public offering of common stock. Net Radio expects to file its registration statement with the SEC within the next several weeks. NetRadio Network produces and delivers music, information and original programming on more than 120 unique channels. CDPoint(R) (http://www.cdpoint.com), NetRadio's proprietary and fully integrated online music retail store, with more than 250,000 available titles, allows listeners to enjoy music and then simply click their mouse to immediately buy what they are enjoying in real-time. A registration regarding these securities has not been filed with the Securities and Exchange Commission. These securities may not be sold nor may orders be accepted prior to the time the registration statement is filed and becomes effective, and such offer can only be made by prospectus. This release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any State or Country in which such offer, solicitation or sale would be unlawful prior to registration or qualifications under the securities laws of any such State or Country, and can only be made by the prospectus. --30--ym/cgo* CONTACT: Dresner Corporate Services, Inc. Spencer Maus, Director Allison Gabrys, 312/726-3200 smaus@dresnerco.com agabrys@dresnerco.com or Ketchum Frederick Reynolds, Vice President 310/444-1314 frederick.reynolds@ketchum.com KEYWORD: MINNESOTA INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS COMED ENTERTAINMENT

To: zurdo who wrote (6861)	2/8/1999 6:17:00 PM
From: Slaran	Read Replies (4) \| Respond to of 27722

I got out of NAVR today. The price drop was for real because someone knew that the filing wasn't happening "early this week" as that news.com article said. People have to stop blaming things on manipulation and start taking responsibility for what they do. There were too many bulls on the thread and the fact is that the saying "when everyone is in who wants to be in, who else is left to buy ?" came true. I lost 1 3/4 points on my last position of NAVR, which i'm not happy about but accept it because I am a trader and it goes with the profession. I do believe netradio will be big though, and will definitely be in should NAVR fall to lower prices. If you want to hold the "several weeks" until the filing , you should be fine. Just MHO. -S