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Technology Stocks : Net Perceptions, Inc. (NETP)
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To: bernieb2 who wrote (2885)10/3/2000 9:51:25 PM
From: Carl R.   of 2908
 
My recollection is that they paid about $100 million for KD1. Since according to the market the only value of NETP is the cash, that implies that not only NETP software is worthless, but KD1 software is worthless. Thus is would appear that they overpaid for KD1. At that price I would have hoped that KD1 alone would be generating more revenues than the entire NETP company is. As I understand KD1, they compete with VRTY and AUTN, both of which seem to be doing better.

Carl
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