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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: rupert1 who wrote (2577)7/29/2000 7:22:25 AM
From: rupert1  Read Replies (1) of 2908
 
But this does not explain why NETP did not take off as soon as or go as high as CMGI in the first place.

I have got into bad habits on RB - I will go back to using the 15 mins correction window after posting on SI.

The above statement is not correct. NETP started its climb about the same time as CMGI and actually exceeded its rate of share price growth for a time. In making my remarks I was relying on memory rather than the chart. CMGI is a much larger company than NETP. The absolute dollar value of its growth was very large, and its rate of growth was also very impressive for such a large cap company. In context, NETP ought to have grown faster, on a percentage basis, because it was coming from such a smaller base and was in a sector which was experiencing hyper-growth.

The main observation is intact. Compared with its sector, NETP started later, did not go as high and when it fell, did not bounce as convincingly.
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