Kevin, >>I like NETO since they have revenue, great distribution (IBM), a well known product (Fusion), and lots of new deals <<
Do you see NETO as a buy here? It seemed, in May, to have good reasons to fall, and it did. More recently it seemed to have good reason to rise and it has not. In the past 3 weeks they announced deals with Lotus (IBM), SUNW and NOVL
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They received three strong buy/buy ratings
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And were well ranked by Softletter:
NetObjects Leaps to 60 in Top 100 PC Software Companies
Ranked by Softletter 100 in Top 10 for Revenue Growth
REDWOOD CITY, Calif., June 7 /PRNewswire/ -- NetObjects, Inc. (Nasdaq: NETO
- news) today announced that it was selected in the 1999 Softletter 100 and ranked in
the top ten for one year revenue growth. The Softletter 100, published annually, is a
ranking of the personal computer software industry's 100 top independent companies.
NetObjects is included in this year's Softletter 100 among leading software companies
such as Novell, Intuit and Microsoft and is ranked at number sixty in the top 100
software companies ranked by revenue. NetObjects is also listed in the top ten as
fastest growing PC software company from calendar 1997 to calendar 1998.
''The annual Softletter 100 rankings reflect a somewhat old-fashioned notion -- that
revenues are an important measure of company performance,'' says Softletter publisher
Jeffrey Tarter. ''NetObjects is one of the very few Web software and services
companies that is generating really significant revenues.''
''In just three years, NetObjects has gone from being a startup to the 60th largest PC
software company as rated by the Softletter 100,'' said Samir Arora, CEO and founder
of NetObjects. ''We're happy to be recognized by Softletter for our success.''
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They still have problems (profits?) but may be ready to rally. Would appreciate your further thoughts.
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