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

To: Islander who wrote (12519)	3/30/1999 5:01:00 PM
From: AJ Berger	Respond to of 27722

Why a Longer Delay is Worse for Shareholders If NAVR were motivated by a need to pay off debt, or to launch a major expansion of the NetRadio site to remain competative, we would have seen a deal by now, and it would have favored shareholders by giving them a better chance for return as reward for their support. But here the deal is delayed because the only motivating factor is greed. debt is paid, and expansion is not the major issue, it's that NAVR wants the losses in NetRadio off their books, NetRadio wants more independence, and all the parties involved want a big payoff at the expense of us shareholders while Internet stocks are still running hot on Wall Street. So the longer it takes to make this deal, the more insiders have time to carve a nice slice of the pie, and leave shareholders only crumbs.