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To: Berney who wrote (6987)	2/8/1999 11:15:00 PM
From: Guidothecat	Read Replies (2) \| Respond to of 27722

A few facts: 1) Possible delay was for-shadowed in the cc with expression of optimism. 2) Announcement today came at the very end of 60 days and is open ended. That is, several weeks is stated but only as a time frame...the IPO could come very soon, anytime still. I think NAVR was advised by its lawyers to put out an open ended release to cover all bases...but it does not state any time period. I still feel management is working to get this thing done...I don't feel hoodwinked or misled. Paulsen was on the 26th comfortable with the timetable...I feel he still is...But, ("and its a big But" (LOL)), legal recommendation was to put out this very formal statement. Back to the high teens within a week. G a