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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: Walt Corey who wrote (1595)8/13/1999 1:39:00 PM
From: stockman_scott  Read Replies (1) of 2908
 
It seems like BBRS (NETP's lead underwriter) is sleeping with some other stocks right now <G>....Even though they continue to have a BUY rating on NETP I feel they could do MUCH more to support this stock.....I notice in the last few days (and in their weekly web report today) they have been pounding the table on eBay, YHOO, Stamps.com, etc....Now where are THE REAL undervalued net stocks? Those are all good companies BUT they still are quite richly valued. How many of them are trading at a price BELOW where the shares were issued for those getting into the IPO? Just some thoughts....I think NETP will come back BUT it may take some time....I still hold quite a large position and can afford to be patient (and frustrated at times). These ANALysts are often difficult to figure out. Why wouldn't this be an ideal time for ANY of the underwriters to re-iterate their BUY ratings on NETP?

Best Regards,

Scott
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