Is there a better investment opportunity than Geocities for those who want to capitalize on the community based companies that are going to lead the way on the Internet? I believe the answer may be a very popular (but relatively unknown to the investment community) company called Nettaxi (Symbol: NTXY).
In general, the trend in this area is towards competition; however, with that comes investment opportunities. From extensive research which I have done, I believe that Nettaxi, which is trading at a reasonable $5/share, has a very similar structure to that of Geocities as well as that of other web based communities, but has the advantage of being in a position to side-step mistakes that were made by its predecessors. I have spoken to the company and am under the impression that they may be releasing significant news stories in the coming days, including joint venture partnerships which when they occur should be a very strong positive catalyst for the stock price. Backed by solid fundamentals (it has the potential to break even in the next six months, which is unusual for this industry) and an energetic management team, Nettaxi has a solid growth prospect. In order to reach the same level of confidence I have, check out its website at www.nettaxi.com. Additionally, they have a CD-ROM which has for me and others been extremely valuable in learning all the facets of the internet and how to create your own home page. As a netizen I followed Geocities from its IPO price of $17 all the way to its second day high of $47, and am looking for a repeat performance from Nettaxi. In the current environment, at $5 Nettaxi looks like a no lose situation that only has blue skies ahead. Look closely at NTXY and lets make some money!!! |
