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Technology Stocks : NetGravity [NETG]
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To: Stockdoctor who wrote (132)7/9/1998 5:48:00 PM
From: JOHN CHEN  Read Replies (1) of 589
 
I think NETG is a good company but I will be very careful to buy if the entire internet sector is cooling off.

Judging from today's action and the past few days, I believe a mini correction is in works in the internet section. You can bet that now YHOO is out with earning, there'll be lots of people to cash out at the high. This will certainly affect the rest of the industry.

I believe long term NETG can command as much as $40 a share, but again I will be careful.

Even though NETG has a bright future and relatively cheap to DCLK, DCLK is the industry leader with much bigger revenue and likely to turn positive sometime sooner than NETG.

NETG has $7 mil sales while incurred $7 mil loss.... I would wait for a quarter or two to consider buying into NETG again.

I was in NETG because it was at $13 when I jumped in- it was cheap, internet sector was on fire and I know the upgrades were to come.
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