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Strategies & Market Trends : Mick Orgas looks into his Crystal Ball....
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To: Ray W who wrote (266)3/24/1998 5:23:00 PM
From: Weinstein  Read Replies (1) of 461
 
NETM. . .no contradiction. With all due respect, you need to read my message a bit more carefully. In point #2, I stated that the stock was not trading in huge multiples. I am not sure how investor savvy you are, but this means that the share price is not where it might be relative to other companies in terms of P/E ratios. In other words, if you look at other similar internet connectivity companies, their stock prices are trading at huge multiples of their P/Es.

In #4 I was stating that this stock is being slowly bought up by institutional investors. I have talked to others and they have mentioned that word is that insiders are also quietly buying up this stock.

Sorry, I apologize if this message is coming across in a somewhat rude tone. Not intended. Hope this clarifies you misunderstanding.
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