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

To: HARRY TURNER who wrote (8373)	2/19/1999 5:14:00 PM
From: Annette	Read Replies (1) \| Respond to of 27722

well then, here's something to keep you busy for a minute... indigofish.com

To: HARRY TURNER who wrote (8373)	2/19/1999 6:34:00 PM
From: LTK007	Read Replies (1) \| Respond to of 27722

Harry is a decent portion of what an investor needs to know----- NetRadio bills itself as the first Internet-only radio network, and is currently one of the largest on-demand "Webcasters" of originally programmed audio content, with more than 120 channels of music and information. NetRadio gets in excess of 20 million page views per month, Paulson told analysts, and the average time on the site is between 30 minutes and 40 minutes. NetRadio sells advertising on each of its channels, and it also sells software and music. The product sales are a natural fit with Navarre , a supplier of music and software to retailers and other online merchants. NetRadio will face stiff competition from other established music retailers, such as CDNow and Amazon.com. It also will inevitably be compared to Broadcast.com, which carries other broadcasters' programming and which has seen its stock rise from $72 to more than $140 since the end of 1998. But Axxel Knutson, a New Jersey-based Internet analyst, thinks NetRadio's combination of highly targeted content and electronic commerce capabilities should make it an attractive offering. "Their technology is way ahead of everyone else's," Knutson said. "The key two, three or four years out will be building market share." But building NetRadio's presence has been expensive for Navarre . It lost almost $4 million in its third quarter that ended Dec. 28, and attributed most of the loss to NetRadio. Navarre , which currently carries NetRadio at no value on its balance sheet, previously has indicated that it wants to reduce its stake to less than 50 percent. Copyright © 1999 Dow Jones & Company, Inc. All Rights Reserved. to know---it is from the Minneapolis-St.Paul Star Tribune 2/3/99