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


To: Annette who wrote (9715)3/3/1999 8:49:00 AM
From: stiltz1  Read Replies (1) | Respond to of 27722
 
Annette: congratulations; the story was dated March 1; bid a few seconds ago 15 5/8



To: Annette who wrote (9715)3/3/1999 8:49:00 AM
From: unclewest  Read Replies (1) | Respond to of 27722
 
ipo news.
i have been lurking and i am long.

navr. looks like this is it. i just found a link.

newsalert.com.

March 03, 1999 08:10

Navarre Unit NetRadio Files $37.4M Of Common Stock For IPO
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(NewsTraders.com)-- NetRadio Corp., currently a majority-owned subsidiary of Navarre Corp. (NAVR), is seeking to sell up to $37.4 million of common stock in an initial public offering, according to a Form S-1 filed this morning with the SEC.

Based in Minneapolis, Minn., NetRadio believes itself to be a leading network broadcaster of original audio content programming on the Web.

The company says it broadcasts more than 120 channels of music, news, sports and entertainment information 24 hours a day, seven days a week.

The specifics of the offering, anticipated for weeks, were not provided in the preliminary filing.

Net proceeds, which also were not estimated, will be used for working capital and other corporate purposes, including advertising and capital expenditures.

Upon completion of the offering, Navarre and ValueVision International (VVTV) will continue to control a majority of NetRadio's common stock, but such amount was not stated in the filing.

NetRadio's web site can be located at www.netradio.com.

IPO Expectations:

Price per share: Unknown

Shares being offered: Unknown

Shares to be outstanding: Unknown

Company location: Minneapolis, Minn.

Exchange/Symbol: Nasdaq/NETR

Underwriter(s): Everen Securities Inc.

Copyright 1999 NewsTraders Inc. All Rights Reserved 08:35 Wednesday, March 03, 1999



To: Annette who wrote (9715)3/3/1999 8:49:00 AM
From: Fast Eddie  Respond to of 27722
 
From EDGAR-on-line Net Radio Corp S-1 filed!! 8:13 AM



To: Annette who wrote (9715)3/3/1999 8:52:00 AM
From: Lynn  Read Replies (1) | Respond to of 27722
 
Update on author of article: Some people over at Raging Bull seem to have kept an eye on what this fellow has written over time. It seems all past articles were listed in the URL I pointed people to because he has not been correct in the past.

An earlier posting than the one I gave the URL for can be read for a perspective of someone who thinks since the writer blew it last time, he might be trying to get back his credibility with the latest article:

ragingbull.com

Lynn