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Technology Stocks : Net Perceptions, Inc. (NETP)
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To: Daskin who wrote (1063)6/8/1999 2:52:00 PM
From: stockman_scott  Read Replies (1) of 2908
 
IMHO, these comments made last Friday are very valid:

Here is what Keith Benjamin of BancBoston Robertson Stephens had to say about Net Perceptions...

<<NET PERCEPTIONS - NETP has developed recommendation engine software
which it uses as a foundation for specific products aimed at various
selling and marketing functions across multiple Web applications. NETP
in essence creates a “virtual shopkeeper”, that learns what products a
customer likes/dislikes and makes appropriate recommendations in real
time. We believe Q1 will again demonstrate the strength of the
company's core eCommerce product. Looking forward, this appears to be
an inherently profitable model, with rapid customer growth and new
products potentially enabling the company to significantly exceed our
estimates. We believe the company is defining this new function with no
clear competition. As an indication of its emergence as the standard,
NETP recently announced a partnership with NetGravity to integrate its
recommendation technology with NetGravity's advertising serving software
for customers in common. We believe NETPs' technology can be applied to
other services, providing a base for expansion. We believe the
company's opportunity has not yet been reflected in the stock price.>>
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