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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: rupert1 who wrote (2626)8/2/2000 9:30:35 AM
From: rupert1  Read Replies (1) of 2908
 
Transcript Module - Q&A 3 NETP 2Q CC

Questioner: John G. Kinnard & Co. (Keith Menzel)

Hi guys, congratulations on the quarter. Just a quick question on acquisitions. You mentioned that you have pretty much fully integrated the KD1 deal. What's your appetite right now for acquisitions and can you give us some colour on what you might be looking for out there?

Stephen Snyder, CEO: Yeah, at this point we're looking for ways to expand our market that we serve, to diversify from the retail base. We see two paths to do that. The first is organic. And we have SWAT(?) teams working on that with new customers some of which I've mentioned. There's some unannounced customers that we're working with that are expanding our base of applications organically. Obviously, we continue to look at acquisitions as a way of both diversifying the markets that we serve and also gaining depth in retail.

Just one follow-up on the previous question on the ASP model. Where are you.....is this being hosted out of your Dallas facility?

Stephen Snyder, CEO: Yeah, it is.

OK, thanks!

_____________
Note:

Having a transcript of the CC in our archives would be useful. From time to time, I will transcribe a module until the whole CC is available in one document. If anybody would like to check my transcript against the audio on http:///www.netperceptions.com (go to "Investors - Audio Archives") I would welcome corrections. Also, if anybody would like to contribute a module, please do.
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