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To: my2boys who wrote (9978)	3/3/1999 2:34:00 PM
From: Dave	Read Replies (1) \| Respond to of 27722

I think there is definitely an argument for staying in NAVR. We do not know the details of the IPO at this point. Namely when it is going to happen. If NAVR says tomorrow that they intend to do the IPO as soon as possible and feel they can make it happen quickly, it should continue to rise. IMO, the downside is minimal here, but the upside is great. I still think NAVR is a good position play up to a few days before the IPO when it will be a good short. Dave

To: my2boys who wrote (9978)	3/3/1999 2:34:00 PM
From: Stuart T	Respond to of 27722

Go track the history of the runup of DBCC and compare it with NAVR. DBCC sat quiet until "several" weeks prior to the actual IPO. I'm expecting NAVR to do the same.