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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: zora who wrote (13871)5/3/1999 7:31:00 PM
From: Wes Stevens  Respond to of 56535
 
Zora, NAVR did not respond the way I had planned today so I got out of the new shares I bought today. I think when one of the news wires gets the word out about the S1a that it will be good for a point or two. I have heard that the IPO will be anywhere from 2 weeks to 2 months. They really cannot announce a date yet because the SEC may send the S1a back to them again. Until the get the filing approved they can not set a date. I still have fond memories of DBCC/MKTW as I made a bunch of money on them. I have a core holding in both my IRA and regular account that I don't touch in the IRA and try and not trade in my regular account. When we get a date I will get in deeper. I am not really worried about the IPO itself. Netradio will be very hot. The only thing that can screw it up will be if the nets completely go to sh## - something not out of the question these days.