Carl R: I think you are being subjective. In the first place I said PR in the broad sense - not just press releases. I don't feel like explaining that again here - as we have had extensive discussion of it on RB. However, I would refer you to my prior post in which I talked about the small number of analysts covering the stock and the fact that only three of them could be called independent - not part of the underwriting team.
In the second place, before our complaints there had been only 5 press releases over a ten week period which were not about housekeeping items even though NETP (like you) thought they had been producing an average of two per week on substantive matters like new products, alliances and customers. If fact there were several weeks when there was none at all - and the 5 were achieved by bunching.
In the whole 2Q, NETP announced only 2 new customers. Do you feel confident that you have a grasp of how many new customers it has actually signed up?
Most of the NETP "PR" is not about NETP at all, but about the issue of "personalisation" and subsidiary issues like "privacy". The thrust of NETP PR through the Summits and so on - has been of this variety.
Can you point me to a single article, media piece, or announcement, or any explanation by NETP since it was conceived as a public company, which discusses its business model, its business plans, its positioning in the market, the size of its market and so on?
Can you point me to any advertisment or other document that advertises NETP products or services - outside of its web site?
You may be referring to the three or four announcements we have had recently. They are in response to a long series complaints about lack of PR.
The fact of the matter is that the NETP story is a good one - but it is known by a very few number of retail investors, and understood by even fewer. The buying lately is by institutions. |
