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To: Rajiv who wrote (11131)	3/11/1999 8:58:00 AM
From: cazz	Read Replies (2) \| Respond to of 27722

The hype that you say began around Nov 1 at 3 dollars looks more to be on NOv 27 at 12 dollars with 21 million shares trading with the bottom being around 7. My only dispute is that your calculation for a market cap begins with 3 dollars.

To: Rajiv who wrote (11131)	3/11/1999 9:27:00 AM
From: Rajiv	Read Replies (1) \| Respond to of 27722

NAVR insidertrading data.. Name # of shares buy/sell/144 Input Date CHENEY, CHARLES E. 100,000 144 02/16/99 CHENEY, CHARLES E. 50,000 144 02/12/99 PAULSON, ERIC H. 110,000 144 02/11/99 PAULSON, ERIC H.PR 171,762 B* 03/10/99 PAULSON, ERIC H.PR 110,000 S 03/09/99 CHENEY, CHARLES E.EX VP 40,000 B* 03/10/99 WILTZ, DICKINSONDIR 122,000 144 02/05/99 CHENEY, CHARLES E.EX VP 150,000 S 03/09/99 TEO, ALFREDDIR 68,600 S 02/16/99 WILTZ, DICKINSONDIR 122,000 S 02/16/99 WILTZ, DICKINSON G.DIR 16,440 B* 02/25/99 HEMPEL, JAN & MARK 3,258 144 01/12/99 HOPP, DEBORAHP 3,990 144 12/18/98 LENNICK, DOUGLAS 2,406 144 12/16/98 WEISS, WILLIAM 3,333 144 12/16/98 SIPPL, JAMES 10,000 144 12/15/98 WILTZ, DICKINSON 25,000 144 12/08/98 SNOW, MICHAEL L.DIR 32,470 S 12/24/98 SNOW, MICHAEL L.DIR 30,000 B* 01/08/99 CHENEY, CHARLES E.EX VP 129,900 S 12/24/98 PAULSON, ERIC H.PR 229,000 S 12/24/98 SIPPL, JAMES G.DIR 52,000 S 12/24/98 TEO, ALFREDDIR 245,000 S 12/31/98 WILTZ, DICKINSONDIR 25,000 S 12/24/98 SIPPL, JAMES G.DIR 42,000 B* 01/08/99 PAULSON, ERIC H. 29,000 144 11/30/98 MARSALA, GUY M.COO 8,000 B* 11/30/98 WILTZ, DICKINSON G.DIR 13,700 B* 11/30/98 144 - intent to sell S - actual sell B* - Buy (in NAVR's case - exercising of options at around $1-4/share. These are not buys from the open market) Source - insidertrader.com (with apologies if I have broken any clauses in the subscription agreement). I will strongly advise everyone to read the FAQ (http://www.insidertrader.com/faq.htm) - an average investor has lots of misconceptions about insidertrading. Regards. Rajiv