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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: stockman_scott who wrote (1552)8/6/1999 4:35:00 PM
From: Walt Corey  Read Replies (2) of 2908
 
I tend to agree Scott, yet it's in the $10 range now, this is like 40% of where we bought it at. This is a major major tanking. I have no realistic option but to be patient. In my case we're talking a s**tload of shares. I am very confident as Q3 numbers get bantered about everything, well those strong companies, will rebound. But at $10/sh they are hemorrhaging badly. My fear is if they cross into the single digits they'll be written off completely, if they haven't been already. Remember, every techie and their brother are doing dotcom IPO's, it's easy to get lost in the crowd. I fear that with .coms it's really easy to become a hasbeen. People (and funds) are looking for the next Dell, if they think they've found one everyone else gets ignored.
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