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Technology Stocks : NetObjects, Inc. (NETO)
NETO 0.00Nov 3 4:00 PM EST

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To: dabadabadoo who wrote (225)11/22/1999 5:44:00 PM
From: sepku  Read Replies (1) of 278
 
imvho neto is doing well for the following:
firstly, neto is majority owned by IBM. product keeps winning awards. balance sheet is good; cash $39mil, very low debt, partnered with NOVL, SUNW, AND NOW CSCO. since october, institutional ownership has shown an interest in neto to a tune of 3.6% as opposed to 0 in june.
market conditions could explain some or most of neto's recent past poor performance. also, there heve been a "ton" of ipo's this year and it's easy for some to get overlooked. and neto just recently started to get some coverage.
as always, do your dd.
cheers and good trading.
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