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Technology Stocks : Net Perceptions, Inc. (NETP)
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To: bernieb2 who wrote (2764)8/20/2000 6:23:21 AM
From: rupert1  Read Replies (1) of 2908
 
bernie: After a few days of thinking about the analyst conference and listening to parts of it again I remain impressed by the overall vision of Steve Snyder and his performance in executing, as well as his flexibility in adjusting his strategy, as required, (and this is important for the company), but unimpressed by his inability to communicate and/or to inspire enthusiasm for the company in the market(and this is important for investors).

Once again he started by talking about his nightmare that he was a lawyer who was punished for making statements of less than ten words which made sense. I am always suspicious when people tout the virtues of brevity. In my experience, the claim that brevity = profundity is usually made by people (a) who have nothing to say or (b) who are not good at saying what they have to say. (There is a poster on Raging Bull who exhibits both (a) and (b). He spoils whatever effect his brief posts achieves by repeating them so often).

From his studies in psychology Steve Snyder should be aware of redundance theory in communication. Simply put, it means that human communication requires repetition in whole or part of all the components in a message because there is never a perfect connection between the giver and receiver of the message. Being brief might be an art form - it is not effective communication. (A similar thought is found in the phrase from the Jesuit Ratio which is "repetitio est mater studiorum" , translated "repetition is the mother of learning (or key to)".

I agree with you that the vision, enthusiasm, dedication, expertise and energy of the full management team put together by Snyder was impressive, even on a webcast. A couple of weeks ago, Hetty Green - another poster on RB - was referring to them as "tired" and he was campaigning for their dismissal.
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