Premiere cuts off audio clips

Hi, I'm using PP 1.5. When I open a wav file in winamp, the whole file plays. However when I import into premiere, the end is cut off?

What could be causing this

The only way to solve is to convert between wav to mp3. Sometimes when I convert to MP3, premiere still cuts it off. I then re-convert BACK to wav, and premiere see's the complete file.

That's weird.
 
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