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


To: Lynn who wrote (9836)3/3/1999 12:36:00 PM
From: Manly  Respond to of 27722
 
Lynn,

The stocks typically will sit at a certain range such as $16 today for NAVR. People will come home, read or listen about NetRadio and NAVR and call their broker about it. At $16 - it's a pretty cheap stock right now. They may or may not buy some. They'll continue to watch the rise and then get that feeling to jump on board this one. It's crazy - the stock will run prior to the IPO, I'd be out the day of the IPO because it will go down, typically level off and rebound some. Set your price you'd be happy with selling at and sell.

I'm looking for $45-50 if the market still likes internet audio, etc. Things won't change that much in the next couple of weeks prior to the launch of the IPO. Some of you will laugh at my prediction, but owning 85% of NetRadio is huge and this one is going to be fun!

Glenn