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


To: stiltz1 who wrote (11221)3/11/1999 4:29:00 PM
From: RockyBalboa  Read Replies (2) | Respond to of 27722
 
slitz,

I have never seen such an uninformed person as you. You either are outright dumm oder you bely the readers with a second thought:

The shares issued to the public are owned by navarre; so it
seems the 50% number is erring on the low side.
No. The shares are newly issued by NR
Again, let the lesson of previous ipos be the guide: how high navarre; a lot depends on how high netradio: given what the nets have been doing teh past several months, rajiv's calculations have no way of taking that into account. Mall owned a much lesser portion of ubid and Mall's initial run way stupendous. again wrong: MALL owned 100% of uBid before and 80.1% after the IPO

Again, when looking at rajiv's figures, remember: this guy's a professional shorter or as he politely puts it "trader".
Rajiv is one who is at least capable of using an electronic calculator. If not a lot more.

IS it an ipo or only a placement. From what I read and hear is that navr doesn't sell shares. ...Hence gets no money.

C.



To: stiltz1 who wrote (11221)3/11/1999 4:38:00 PM
From: Rajiv  Respond to of 27722
 
The shares issued to the public are owned by navarre;

This statement is absolutely incorrect. Another example of your confused line of thought.

NAVR owns around 5 million shares of NetRadio. When NetRadio IPOs, it will be issuing "new" common stock. NAVR is not selling anything. The proceeds of the IPO go to NetRadio and not NAVR. After the IPO, NAVR will continue to own 5 million shares of NetRadio.

Mall owned a much lesser portion of ubid and Mall's initial run was stupendous.


Better recheck your numbers. The first portion of this statement is incorrect.

this guy's a professional shorter or as he politely puts it "trader".


I am not getting your point. I have long and short positions in my portfolio (As of today my long positions/short positions ratio is 8:3) My "time horizon" for an average trade is few days/few weeks. If you want to call me a professional short-seller or a trader, it is fine with me. Both are probably correct. You cannot deny me my right to categorize myself.

Regards.
Rajiv



To: stiltz1 who wrote (11221)3/11/1999 5:00:00 PM
From: katmando  Read Replies (1) | Respond to of 27722
 
1. Good posting.

2. Agree. The law of large numbers prevails. We are just messing around with the little numbers. He's going to show us his valuation model and that'll be interesting.

3. Even so, using ratios, Rajiv's numbers put a valuation of $ 250 Mil on NAVR's piece of NETR. Mine put a valuation of $ 400 Mil. The difference between our numbers is very slight tho the impact is large.

4. Divide that by whatever number of shares that are outstanding with NAVR (23 Mil or 11 Mil or whatever) and you get the bounce above today's price for NAVR.

5. Just a reminder: the law of large numbers is in effect. The crowd will make the trend which moves this market. Oh goody.

Kat