NETP has now traded its entire 3.7 mil float. They are one of the few remaining companies in the internet advertising sectors that has not been bought out.
When you surf the net, NETP tracks your destinations, so advertising can be personalized just for you. I was looking at some new car sites. . .so on certain unrelated sites I visit, I see new car ads.
Today's news: biz.yahoo.com
They had a 256% increase in revs this past quarter: biz.yahoo.com
The PR machine has started pumping full speed: biz.yahoo.com
Yesterday NETP announced they will be counseling Waggener Edstrom, internet PR/communications firm to Microsoft: biz.yahoo.com
Company website: netperceptions.com
There is still significant short-interest in NETP to be squeezed out.
Brokers covering NETP include: BancBoston Robertson Stephens and Co., Hambrecht and Quist Inc., US Bancorp Piper Jaffrey, WIT
CAPITAL INC
About Net Perceptions:
Net Perceptions is the leading supplier of real-time personalization
solutions that enable businesses to market to customers on a true
one-to-one basis. Net Perceptions solutions increase new and repeat
business by learning more about each customer's individual needs,
tastes and preferences with every interaction, then making
increasingly personalized product and service recommendations. Net
Perceptions, based in Minneapolis, is a publicly held
company that operates additional offices in New York, San Francisco
and Reading, England, and a joint venture office in Japan. Customers
include many of the world's best-known brands including Art.com,
Bertelsmann, Billboard TalentNet, CDNOW, E!Online, Micron, SkyMall,
Tower Records and Ticketmaster Online. For more information about Net
Perceptions products, visit www.netperceptions.com or call
800-466-0711.
These low float stocks can surprise you when the shorts cover. Currently selling near the intraday low. The float is mostly dried up here, so the least bit of buying pressure pops this issue. When I posted on my board this morning, it immediately popped 4-5 points. This would also be a good stock for CMGI or DCLK to gobble up with their voracious appetites for internet advertising companies. So there is swing trade potential on the short squeeze and the hot internet advertising sector.. . position trade potential while the bull runs. . .and long term investment potential, as this new technology begins to be discovered.
Best wishes,
Rande Is
NOTE: I took my initial position at 29 7/8 this morning precisely as posted on my HOME thread. . . and am holding shares long only. |
