Net Perceptions, Inc. (NETP) Message Board

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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: TIG who wrote (934)	5/28/1999 10:40:00 AM
From: David Harker	of 2908

>I am a bit shaken by its stock performance lately, >especially price falls after three buy ratings. These buy ratings were expected and are not very meaningful, since they are from the firms that took Netp public. Nearly all firms give 'buy' or 'strong buy' ratings to their own IPO's. Wall Street knows this. A recent article I read on investing in IPO's pointed this out, and suggested that investors should watch for new coverage of an IPO from a firm that DID NOT take part in bringing the IPO public. That new coverage (if good) is much more meaningful, and helps the stock. Netp has not had any of this more meaningful new coverage, to my knowledge. I'm hoping for it (I own netp). BTW, the article was in either SmartMoney or Bloomberg magazine, in the last 2-3 months.

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