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Technology Stocks : Net Perceptions, Inc. (NETP)
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To: $Mogul who wrote (286)5/4/1999 9:59:00 PM
From: STOCKaHOLIC   of 2908
 
Agreed $Mogul, those are all good examples. IPOs almost always go down the week or a couple weeks after their first trading day. We are also in the midst of a internet correction, which doesn't help things short-term. The big net companies are always shopping for smaller niche net companies. I expect NETP will be purchased within the year.

Here are charts of other IPOs within the past year. Note the dropoff at the beginning of EVERY chart. Amazing, but people will buy high and sell low, and then kick themselves after the stocks run.

Here are the charts (they speak volumes) : quote.yahoo.com
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