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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: rupert1 who wrote (1791)10/29/1999 1:45:00 PM
From: Roads End  Read Replies (2) of 2908
 
Victor..I can' verify the Forstman rumor but I suspect someone pocketed a very large piece of NETP last Friday. Friday was the second most heavily traded day in its history ~2.5 million. IPO day was ~6 million and the second day was ~1 million. Because the price it traded at last Friday was as stable as it was for the volume traded I speculate the day's trading was the equivalent of a private placement at a prearranged price(average around ~$18.50). Who the buyer was I don't know but the Forstman story makes sense in this context.
Steve
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