Robert, glad to see more news ....
This was on StockScape.Com
Quote:
July, 6 1999 - Special Report on NetNation Communications
an Inner Circle Newsletter Special Report July, 1999
NetNation Communications Inc. Symbol: (NNCI OTC BB)
Shares Out 14,500,000 Investor packages and information 1-800-773-7317 or ir@netnation.com
NetNation is in the web hosting business which according to
industry analysts will be worth U.S. $1 billion this year, $5
billion next year, and $15 billion in three years time.
There are thousands of web hosts, though NetNation is one of the
leaders. The company has been rated by web host evaluators,
Hostindex and Tophost as the world's 6th best web hosting site.
What makes NetNation stand out is their fierce determination to
provide the highest quality service for their clientele.
The company has just started trading publicly two months ago
though they have established a solid foundation while
operating as a private company.
NetNation does business in 91 countries with a client base of 6500
client companies and individuals representing 3000% growth over
the last 2 years.
Their income comes either directly from the NetNation web site,
value added resellers (VAR's), or original equipment manufacturers
(OEM's).
The VAR's are web masters or designers who create a web
page presence for local businesses who want to sell products
and services world wide. After they have designed a web site, it
then needs to be hosted somewhere. That's where NetNation
comes into the picture. They get referral business from over 400
resellers around the globe.
Important alliances have also been made with larger internet
industry leaders (OEM's). A good example of this is euroseek.com
which is Europe's largest search engine. On the front page of their
site there is a box called " 'Get your domain name' Click Here". This
goes directly to the NetNation site. In this way, potential clients get
introduced to NetNation's services.
Speaking of domain name registration, there is some really big
news on this front.
Up until now, there has been only one company in the world who
has been registering domain names. That is, the
www.whatevername.net or .org or .com. which is used as an
internet address.
The powers that be are breaking up this monopoly and a
select group of companies will now be sharing the responsibility
and profit opportunity.
Of course, NetNation is one of those companies. Remember how
the web hosting business is predicted to explode? Well all those
companies and individuals will be needing to register their
internet domain names. NetNation will be among the fortunate few
sharing in the fortunes of this money making enterprise.
Registering domain names isn't new to NetNation. They have
been a preferred partner of the monopoly company and have
registered over 18,000 names on behalf of the NetNation clients.
Soon the global community will be coming to NetNation in
greater numbers for this service. The added benefit is that they
should get significantly more web hosting business as a result.
Two other companies in the web hosting business are Verio and
MindSpring both of which are trading in the U.S.$60 to $70
range. Both these companies have been growing by acquisitions
which has put them into a large debt situation. Further, Tophost
and Hostindex have given NetNation a stronger rating based on
the service and quality.
NetNation is currently trading in the $4 to $5 range and presents
another high potential bottom fishing opportunity. Over the last nine
quarters revenue growth has averaged 25%. Prospects for the future
look positive as well with the web hosting industry booming and a
flood of new potential clients on the horizon with the domain name
registration business at hand. It makes sense that the highly rated
NetNation should have a market cap at least as high as its' peers.
_______________________________________________________
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Inner Circle is to discuss the usage of technical buy and sell
indicators and how they can be applied by using examples of high
potential stocks. The information herein should not be construed
as an offer to buy or sell securities. The information is taken from
sources thought to be accurate but there is no guarantee. All due
diligence should be done by the reader or their financial advisor.
E.&O.E. All rights reserved, non-assumptive contract, without
prejudice.
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