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

To: zurdo who wrote (15741)	5/1/1999 8:59:00 PM
From: AJ Berger	Read Replies (5) \| Respond to of 27722

This S1A is Terrible News for NAVR Shareholders! I can't understand why everyone is so happy around here, this news is terrible, and barely makes NAVR worth the price it closed at Friday! Here you have a software distributor barely worth a $200mil Market Cap, if you figure on it's best day NAVR's worth $9 x 23mil Shares. Now you give it the Market Cap gained from The NetRadio IPO where they keep half of $50 x 4mil Shares, or $100mil. I'm being VERY generous here by assuming NetRadio will Triple on IPO as other recent InterNet IPO's have done. If you veterans from the MarketWatch IPO think NetRadio will open 800% higher, you are deluding yourselves as the market is a very different place now. Back then we had InterNet IPOs once every few weeks, now we've got them going every other day! MarketWatch was very well known InterNet real estate. Most people you ask about Streaming Music on the InterNet will know Broadcast.com and MP3.com , never knowing of NetRadio. We know there is no buyer like the one Broadcast benefitted from or it would have happened in the 9 months since the IPO was first announced. Just look at LCOS shareholders dreaming that if their deal with USA is voted down, that there would be someone else to buy them. Wake up and smell the coffee people, nobody's buying these cappy companies unless they themselves have overpriced stocks as currency. Anyway, the point I'm trying to make is; to ask people on this thread how they can realistically expect NAVR to rise much higher than the teens given the value of this deal. I guess those insiders who started selling already in the teens must of known this, and will dumping on mass thru the month of May. When we did the math on DBCC back in December, you could easially arrive at a $28 value when the stock was trading in the low teens. Here you have a NAVR already trading at it's fully valued price including the IPO, so the shares I bought at $17 earlier last month are obviously a wasted position that I hope to bail out of as soon as possible. Please, tell me I'm wrong, tell me I've missed something, tell me there is more potential value here and I'll hold.

To: zurdo who wrote (15741)	5/1/1999 9:00:00 PM
From: Patherzen	Read Replies (2) \| Respond to of 27722

Zurdo...use www.ipocentral.com (Hoover's On-line) Hope this helps!!! Patherzen --------------------------------------------------------------------- 825 Battery St. San Francisco, CA 94111 Phone: 415-733-0500 Fax: 415-392-1972 Parent Companies: CBS Corporation, Data Broadcasting Corporation Web Site: cbs.marketwatch.com IPO INFORMATION -------------------------------------------------------------------------------- Date went public: January 15, 1999 Filing date: October 13, 1998 Nasdaq: MKTW Proposed offer price: $16.00 to $17.00 Actual offer price: $17.00 First day open: $90.00 First day close: $97.50 Shares offered (mil.): 2.75 Offering amount (mil.): $46.8 Post-offering shares (mil.): 11.8 Underwriters: BT Alex. Brown; Donaldson, Lufkin & Jenrette Securities Corporation; Salomon Smith Barney; FAC/Equities KEY NUMBERS -------------------------------------------------------------------------------- Fiscal Year-End: December 1998 Sales (mil.): $7.0 1-Yr. Sales Change: 288.5% 1998 Income (mil.): $(12.4) Employees: 65 More Financials