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To: TraderTerry who wrote (57137)	2/19/1999 5:30:00 PM
From: stiltz1	Respond to of 119973

Apparently, according to the Yahoo thread, the navr ipo is "very soon". You can find the link on the navr thread.

To: TraderTerry who wrote (57137)	2/19/1999 5:43:00 PM
From: BarbaraT	Respond to of 119973

Terry - it is excellent news. Again, I caution traders not to confuse options with warrants. As the expiration date gets closer and if the stock should drop in value, options go down in value and could expire worthless (which I am ashamed happened to me just today on another issue). However, warrants only lose their value if the stock also goes down - but they are not worthless. You have the option to convert them or sell them at the current market price. I, too, will be buying the warrants if they should drop below $1. I think it is a fairly safe bet that the stock will be trading above the current $3 range which puts the warrants at their current price or better. If there should be a sell off on Monday due to misunderstandings - I will be there with you to buy.