Net Perceptions, Inc. (NETP) Message Board

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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: Smear_campaign who wrote (2797)	8/25/2000 8:59:24 PM
From: rupert1	Read Replies (2) of 2908

Smear C: As I have said on several previous occasions - DiverJake was never a short. He has now admitted this on RB, today. Bernie has been giving him too much credit. He was an embittered long/trader. He bought in the $50's he bought in the $40's he bought in $30's in the $20's and high teens. He used to brag about his trades - but after a series of losing trades - the last one of which was a buy at $23/24 with the usual braggadagio that it would be at $28 before the end of the week, he stopped talking about his trades. Although he makes out that he has no NETP stock he reads every post - especially mine - spends hours creating aliases - and visits the NETP boards several times every day. It must be a kind of public service. However, he still gets it wrong. Last week and the week before he was confidently saying that it would go to single digits and he would "cover" at $7. One of his former techniques was to pretend he had inside information about a forthcoming NETP event. He would make short enigmatic statements. He did this under cover of aliases. His DiverJake alias was his "respectable" alias on RagingBull. But he has now changed the RB profile from "diver in a naval dockyards" to "nazi hunter" and given himself the name of "Jesus Christ". The "nazi" name was adopted at the time he was issuing diatribes against Hetty Green a German poster on RB. His main technique was to use aliases on Yahoo to try to affect the movement of the stock price. He would talk it up just before he sold and talk it down just before he bought. It is possible to see this in his posts. He did not confine himself to NETP but used the same technique on other boards. He would have false conversations between his aliases. This technique was an attempt to deceive other readers. It could have had an effect. When NETP's float was much smaller than even today's float, it could move several dollars in the first or last hour of every day on very small volume. His obsession with me has two causes. The first is one he cannot admit. Part of his public persona is that he is a savvy investor who preys on the gullibility of longs who are in love with the company. The truth is that he is a long, too, even though trading the ranges, and he was affected by my positive analysis of the fundamentals and blames me for his losses. The second reason is that it was I who exposed his use of aliases on the NETP and other boards and also identifed which aliases he was using. He still tries to hide behind aliases. It's too bad that DiverJake does not post here on SI - if he did he could complain to the Administrator about what I have said about him. BTW, you can complain as much as you like about his obscene, scatalogical and racist remarks - he relishes that - but the one thing that really gets under his skin is when his history of losing trades is revealed.

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