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Stock Watch: Planned NetRadio IPO Keeps Boosting Navarre

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By Andy Wang
E-Commerce Times
Part of the ECT News Network
04/13/99 12:00 AM PT


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Starting up a new software company is not very hard, but making it successful requires a willingness to remake old rules to fit the Internet age. Getting venture capital or angel investor funds starts with nailing your story. [Download PDF: 5 pgs | 162k]

Online music, video and software distributor Navarre is benefiting from all the news and speculation in the streaming media industry. Navarre owns online radio broadcaster NetRadio, which has filed for an initial public offering.

With deals involving companies like Broadcast.com, RealNetworks and IBM (NYSE: IBM) Latest News about IBM, all streaming media companies seem to be hot targets for investors. The NetRadio IPO has helped boost Navarre stock about 50 percent in the last couple of weeks. Shares of Navarre were up 1-3/8 to 18 in early trading today.

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