I for one am glad that you have done your DD ( due diligence or research ) for NETZ and have determined the issue R.I.P.. I also appreciate the other issues you raise in your other recent posts about NETZ. I think it's great to have you posting the negative side of the NETZ issues.
Why would all of this make someone who is investing in NETZ after doing their own DD happy? Well I guess its simple between you and the other sceptics of NETZ combined with the year end tax selling and the worriers of a future pink sheet listing I am getting my NETZ at near the lows for the year. Last Buy @ $ 0.23 on Friday 12/12/97.
Why am I buying?
Below are the companies that are involved with NETZ in one way or another all of these names were pulled from NETZ PR ( Press Releases ) since 9/2/97. The PRs are available as of this writing at: ( dljdirect.com ).
TravelFacts, Harmony Club Resorts, SandalsResorts International, and Carnival Airlines, MapQuest, the Christian Science Monitor, Honda, BMW, Prodigy, Adobe, IBM, 150 vendors which use its technology, Digital Equipment Corporation's subsidiary, Alta Vista, SimplyMagazine, Inc, AOL, AT&T, Cisco, E*Trade, Merrill Lynch, Jumbo, Smith Barney. WalMart, K-mart, CVS, Eckerd, Bellcore, an SAIC company, Kodak, United Airlines, Rodale Press, USA Today and other Fortune 500 companies.
I like the fact that this little known company is doing business in one way or another with some of the largest companies in the world. ( R.I.P. Hum.)
I also like their WWW site not to bad for a R.I.P. company.
echomedia.com
I also like their stock price chart at the moment looks real good for a bounce IMO.
chart2.bigcharts.com
I also like the fact they were at the Internet show this week in New York. I look forward to PR of any success they may have had in the very near future.
I also suspect that Bellcore may take out NETZ ( buy them ). Why? Seems simple to me. Bellcore would not have had a company with product that competes with its own in its booth. Bellcore would however invite a company to share it's booth if the company had complementary products to it's own or all new technology. Bellcore would be watching for customer interest and trying to figure the value of such products if it were to license or take out the company. Bellcore a recent acquisition its self has always been on the cutting edge of its business and NETZ could be a very good fit for them. ( R.I.P. Hum. )
I also like this statement from one of their recent PR.
"NETZ also expects to seek a full listing on either the American Stock Exchange or NASDAQ National Listing."
I also like the alumni on the board:
"NETZs current management includes alumni of DEC, Arthur Anderson and BMW."
I also like that the majority of the announcements or statements they have made in there PR of future activity have been realized in a timely fashion.
Ok now what I don't like.
I don't like the fact that more than a week has passed and this statement has not been fulfilled.
"NETZ said it expects to announce additions to the Boards of NETZ and echoMEDIA next week."
I don't like the fact that the company has chosen to not make public any audited financial statements to my knowledge.
I don't like if true the way some people claim to have been treated buy the company when inquiring for information.
I don't like the fact that the recent PR has had grammar and spelling mistakes.
I could imagine very good reasons for the delays in information, I can also imagine acceptable reasons for the other things listed above that I don't like. I will not speculate but will leave it to the readers of this post to develop there own.
With all the above said I am betting on the near term opportunities for the price of NETZ stock to appreciate substantially from it's current level of about $ 0.23.
Unless stated to the contrary all the above is just my opinion.
And I do hold NETZ stock again! I also have held the stock two other times recently. First time I bought at 0.27 and sold at 0.31 the second time I bought at .28 and sold at around 0.54. This time I am in at an average of about 0.26 as of this writing. I have no idea at what price I would sell my shares but . hey $ 5.00 sounds good! LOL
Good luck to ya!
Bob Frey
cleanair on IRC
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