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Technology Stocks : Net Perceptions, Inc. (NETP)

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To: Raj Ramaswamy who wrote (2898)10/30/2000 9:55:19 PM
From: rupert1  Read Replies (1) of 2908
 
Raj:

What do you mean "back" - I never went away. I stopped posting here long before the warning. I posted just to respond to your post in which you were plying your idea that NETP is disintegrating as a company giving the impression that you had anecdotal or inside information of departures. The fact is that they had published details of a cut-back from 390 to 334.

I consider that NETP misled analysts and investors by its meeting on 17th August and also by two subsequent meetings with brokerage houses in September at which it confirmed sales were on track. All analysts were recommending it a BUY of one sort or another. Institutions were buying it strongly. They are professionals and they get paid for making recommendations.

I have never made a recommendation of a buy or sell nor have I said what my own postion is accept to say that I have a long and trading positions. Of course the general tone of my comments was bullish - I would be rather stupid to invest in it if I was negative.

My information was the same as yours - the company. I believe I was more critical and searching than most people and made the effort to try to find out what was going on. It would seem that not even employees and officers of NETP knew what was going on in this case.

I think your remarks are silly and childsih. You made a bad investment. If you had made money (or should I say if you had taken some profits on the many opportunities NETP has presented) you would claim the credit and I don't think I would get a commission. Don't try to pass on any blame to me - I don't except it. You have been more bullish than most.

I am fully aware of the seriousness of the present situation with NETP but I think your latest opinion is as rubbishy as your previous opinion.
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