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Technology Stocks : nete
NETE 0.0900-5.3%Jan 15 9:30 AM EST
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To: Stu E. who wrote (18)2/5/1997 9:03:00 AM
From: Mike Feinstein   of 369
 
I think that two things will happen which will affect the stock:

1) The company's sales of SiteMinder will start to ramp up during the second half of 1997. This will improve the company's quarterly results which have shown strong losses as they have funded development of the product. This will have a natural effect of increasing the share price.

2) The company will become more public, as the Data Comm article shows, in talking about its strategy. This will give the company more of an 'Internet software' multiple, which should also drive the price up. I don't know the schedule for this, but they have obviously started going more public with their plans now. I would expect future announcements around big industry trade shows like Interop Las Vegas.
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