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Technology Stocks : NTPA - Netopia, Inc. DSL hardware provider

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To: Alfred W. Post who wrote (328)11/8/2000 3:24:09 PM
From: Rich Wolf   of 360
 
Not sure what to recommend. I ate a big loss, they bumped up the call before I'd finished unloading my stake. Had thought I'd have another week. Had a bad feeling that we were going to walk into a buzz saw from un-warned bad news.

Probably the stock has to mark time for a while. Seems to be sagging. I would consider reentering at a lower price, for a trade.

But Covad's installations went up, yet on falling sales overall by NTPA, Covad dropped from a 24% customer to a 15% customer. This indicates they lost business to someone. Maybe EFNT, among others. Not a good sign.

Heard people are leaving the company, and not being replaced. Just a secondhand rumor though.

Good luck.
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