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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: rupert1 who wrote (2656)8/10/2000 7:35:18 PM
From: bernieb2  Read Replies (1) of 2908
 
Pretty interesting Victor. I would say that Intentional is the NETP guru of knowledge, you classify you as the knowledgeable, but not cheerleading, long. But everyone keep saying how they "miss" you on that board. Oh well, what we really need right now is a guy named Moses, to lead us out of Egypt to the Promised land.

As far as basic fundamentals, most everyone can't figure out why this stock is doing so poorly. Almost to a T they say how the stock sucks, but the company doesn't have anything fundamentally wrong with it. What that usually indicates to me is a market with no direction, and a stock that you will have to have patience with.

The days of doubling your money in a month with minimal downside risk are a thing of the past. That market will probably return in a year or so, but right now, stocks like NETP will languish and be at the mercy of any large seller (such as VV) that want to take it either way. I think if we get below $10 and you see some big volume coming in at that time, then it could surge 8 points very quickly. But option expire next week (or am I off a week?), so the next week might be a little hairy either way.
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