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To: country bob who wrote (17495)5/25/1999 6:45:00 PM
From: katmando  Read Replies (3) | Respond to of 27722
 
CB: Agree...with most of your ideas...

1. Tho they both tanked today, VVTV and NAVR have not moved together this week. NAVR has been steady DOWN while VVTV has often moved UP, above 16. Unreleased bad news ought to have affected both stocks this week. But, you may be right about bad news coming.

2. Traders are dumping because they see a repeat of last year: IPO postponed. Since Jan 99, Traders have been cleaning up with NAVR, which is why it has been reasonably volatile. Traders have little to lose, having made a bundle off NAVR already.

3. I agree: stay long and hope for a positive event. In fact, buy more after it gets real low. See no reason to lock in a loss. See no better use for the money in this correcting market.

4. The economy is still very strong. This will pass.

Katmando