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Strategies & Market Trends : WR's Momentum Trades

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To: LANCE B who wrote (5117)2/9/1999 11:03:00 AM
From: Kimberly Lee  Read Replies (1) of 11130
 
buying PTXY 11 1/2, 5/8. Good news out today: 51% surge in AD views in January, 99.

Nettaxi Reports 51% Surge in Adviews in [.17365]

January

Business Editors

CAMPBELL, Calif.--(BUSINESS WIRE)--February 9, 1999--Nettaxi
Inc., (OTCBB: NTXY), a provider of preeminent online communities with
more than 100 million monthly ad impressions today announced that it
experienced another record month in ad impressions, surpassing
December's ad impressions by 51%.
"We experienced a record 117.2 million adviews in January versus
our previous record set in December of 77.4 million adviews,"
explained Nettaxi's President, Dean Rositano. "We're also growing our
citizen population by 15% per month. What the numbers are telling us
is that our continued efforts to keep our site dynamic and useful are
working. Our citizens have made us their portal and, in many cases,
their 'start' page to the Internet. In addition to daily revisits from
citizens, we're seeing a large increase in the number of new visitors.
Much of the rapid growth is also attributable to our community of
citizens who promote their pages."
Nettaxi recently increased its free Webspace to 10 Megs to allow
for new programs and content which Nettaxi citizens can access and
host from their personal pages. Premium account Webspace was also
increased to 25 Megs for Silver, 50 Megs for Gold and 75 Megs for
Platinum accounts.

About Nettaxi, Inc. (http://www.nettaxi.com)

Nettaxi, Inc. was formed to engage in business on the Internet
and World Wide Web. With over 4 million page impressions daily,
www.nettaxi.com is currently ranked by 100hot as the 33rd most popular
site on the Internet. The Media Metrix / PC meter rating system has
also ranked Nettaxi number 44 in the Top 500 fastest growing Website
list. Through its Web site and its connected CD-ROM product, Nettaxi,
Inc. provides free email and personal home pages to subscribers
through community and web hosting services, together with content and
easy navigation. Popular Web sites fall into a number of established
categories such as news, search engines, E-commerce (shopping), arts
and entertainment, government, finance, education and sports. Nettaxi,
Inc. also offers such features as personal chat rooms, Web-based
email, Internet TV and online auctions. It was also the first online
community Web site to utilize the eCHARGE transaction system, allowing
millions of consumers who do not choose to use credit cards to be
charged for their online purchases on their monthly telephone bill.

Safe Harbor Statement

Investors should carefully consider the preceding information as
well as other information contained in this press release before
making an investment in the Common Stock. Information contained in
this press release contains "forward-looking statements" which can be
identified by the use of forward-looking terminology such as
"believes," "expects," "may," "should," or "anticipates" or the
negative thereof or given that the future results covered by the
forward-looking statements will be achieved. The preceding matters
constitute cautionary statements identifying important factors with
respect to such forward-looking statements, including certain risks
and uncertainties that could cause actual results to vary materially
from the future results covered in such forward-looking statements.
Other factors could also cause actual results to vary materially from
the future results covered in such forward-looking statements.

--30--emb/ny*

CONTACT: For more information:
Nettaxi, Inc.
Dean Rositano, President
(408) 879-9880
dean@nettaxi.com

KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: COMPUTERS/ELECTRONICS TELECOMMUNICATIONS
INTERACTIVE/MULTIMEDIA/INTERNET COMED

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com




Feb-09-1999 06:45 GMT
Symbols:
US;NTXY
Source BW Business Wire
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