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To: stiltz1 who wrote (8201)2/18/1999 12:59:00 PM
From: Guidothecat  Respond to of 27722
 
stiltz1: I agree <at these levels, NAVR is a screaming
bargain>... think we've bottomed or maybe some more
oppurtunity tomorrow for buyers, still.

Keep thinking they will not worry about
timing the S1 but maybe I'm thinking company
too much and not Wall Street enuf (the underwriter's influence)
...this Market Correction here I think is mostly
a Technical Correction with some clout,,,as it begins
to turn up again, if NAVR were to file,,,
could catch some strong short volume off
guard...

...tomorrow is expiration of options...I think
it'll be rather volatile,,,selling this and that
to cover this and that,,,short covering to
look for a stronger base rally next week...I
hope...



To: stiltz1 who wrote (8201)2/18/1999 1:00:00 PM
From: Sgt. Stockpile  Read Replies (2) | Respond to of 27722
 
I'm Optimistic on NAVR, BUT...

You can really gage the professionalism and skill of a company and its leaders by the level of anxiety you feel owning their stock. I own GNET and DCLK as well as NAVR. These are really good stocks that seem to stay afloat in choppy and sinking markets. Even when they go down, it's no big deal -- they'll be up tomorrow.

But I feel the same way about NAVR now that I did about EGGS last year. Both companies have a lot of positives, but the manner in which the execute leaves something to be desired.

When NAVR went from 16 - 20 it completed the first two steps of the BUMP-SET-SPIKE TRIO. A timely IPO announcement would have sent NAVR into the 30s. But with a botched announcement and delay, combined with a 10% NASD pullback, they really blew their golden opportunity to do WHAT should have been done WHEN it should have been done.

I'm an attorney, and when the courts say file something by this date -- we file that something by that date. No press releases saying, "We reiterate our intent to file the motion in 'several weeks'". And a legal motion is no big deal -- if I were CEO of a company I'd be on the ball.

NAVR has had so much time -- even when they cancelled the IPO last summer, they should have had the foresight to go ahead with their preparation of the S-1 and keep it in a holding pattern, so at the first sign of a turnaround they could get it out the door in a heartbeat. It doesn't take from December 7 to February 7 to prepare an S-1.

What realy gets me is that if NAVR announced the S-1 filing today and the stock jumped 70% it would just about hit its February high. I am still a NAVR long, big time, but I'm not going to sugar coat NAVR's poor execution.



To: stiltz1 who wrote (8201)2/18/1999 2:19:00 PM
From: Fast Eddie  Read Replies (1) | Respond to of 27722
 
Re: <Your bullish essay> Well written and "from your lips to God's ears".