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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: rupert1 who wrote (2609)7/30/2000 11:42:55 AM
From: rupert1   of 2908
 
Carl: The NETP press release was headed:

NETP ends quarter with $115+ million in cash

In the CC, the CFO said that the quarter ended with "$82.2 million in cash and short-term securities" and there was "$33.3 million in marketable securities".

About April, I received an e-mail from IR from a person attending an investment conference in San Fransico and he mentioned that they were at that time investing the SPO cash and rearranging some other short-term investments. I would think that we are talking certificates of deposit and government bonds. Whatever it is they evidently think of it as good as cash.
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