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Technology Stocks : Network Engines, Inc. (NENG)

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To: Robert T. Quasius who wrote (37)8/1/2001 5:37:43 PM
From: Glenn Petersen  Read Replies (1) of 49
 
I've never actually owned this stock. I keep waiting for them to settle on a viable business plan. Their fiscal year ends in September. If they end up with $65 million, that works out to about $1.86 per share. if they don't get any traction soon, they should probably just close up shop and liquidate the company.

OT Edit: I notice that you have an interest in CHGO. I took a close look at CHGO in 1998 (when the stock was around a buck), liked the concept and was impressed by their performance. I never pulled the trigger, just assumed that restaurant stocks would never come back. CHGO managed to do just that. I hope you have been a long term holder.
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