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Technology Stocks : Network Engines, Inc. (NENG)
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To: Glenn Petersen who wrote (23)12/5/2000 7:39:15 AM
From: thomas a. burke  Read Replies (1) of 49
 
NENG has been crushed over the last month, more so than others. A few things to remember:

1) Book Value (mrq) $3.96 per share.
2) Cash (mrq) $3.29 per share.
3) Total Cash (mrq) $112.4M.
4) Institutional: 29% (150% of float)
(54 institutions)
5) Net Inst. Buying: 9.50M shares (+49.39%)
(prior quarter to latest quarter)

NENG is rapidly growing revenues and may be considered a good takeover target, especially after the recent massacre.

Tom B.
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