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Technology Stocks : Net Perceptions, Inc. (NETP)
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To: RockyBalboa who wrote (1929)11/13/1999 1:38:00 PM
From: allen menglin chen  Read Replies (2) of 2908
 
The top is not near around 40s! A few important reasons:
1. Valuation comparing to similar companies, NETP is still undervalued, at least 50% off.
2. More fools will "discover" this gem and join our party. I'm a fool who bought @ 28.5. The 40% jump with huge volume brought my attention to NETP. This week, plus next week's exposure will bring in more fools who are willing to pay for $40s for NETP! I will add more shares in low 40s!
3. Relative low float, 3.7 mil, plus 1.3 mil who filed 144.
(Hopefully, insiders will stay in the ride pass 70s).
========================================================
A few factors to stop our momentum to 50-60s short-term:
1. Will Fed raise rate?
2. Insiders keep their shares.
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