SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Net Perceptions, Inc. (NETP)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Smear_campaign who wrote (2053)11/27/1999 3:47:00 AM
From: rupert1   of 2908
 
With reference to Singer's comments; he referred several times to the example of a company "over in Europe" which reported 50% higher sales after installing NETP. I assume he was referring to GUS (Great Universal Stores) in the UK. I felt uneasy when I heard that because although the GUS figures were impressive I did not remember them as being 50%. Later when asked two or three times by the interviewer Singer qualified what he said by saying he did not remember exactly but the increase was in high double figures. Since he made the 50% a prominent feature in his analysis I think he ought to have known.

I have tried to find that study on the NETP company site and here but have not found it - I think it was about 4-6 weeks ago. Does anyone know the figure?

I thought Singer was quite definite about raising the target price. He said that the introduction of the knowledge management software was a significant new revenue stream which he had not incorporated in his original target.
I did not hear him say he would delay the new price target awaiting a potential shake out - he said he would change it soon.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext