nete Message Board - Msg: 8403802

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Technology Stocks : nete

NETE 0.630

+473.8%

Oct 10 3:59 PM EST

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To: Sophie's Choice who wrote (177)	3/19/1999 2:12:00 AM
From: Pluvia	Read Replies (3) of 369

<<<FIDELITY just bought 700,000 shares a month ago. Netscape became a reseller of NETE's software (Siteminder) while in the middle of a merger. Now, obviously these two powerhouses did their due diligence before they joined the NETE wave>>> Sorry to burst your bubble sweetie, but you seem to be new to this game. Fidelity only bought because they were given a DEEP discount price - without the sale of stock to Fidelity NETE would be broke - OUT OF MONEY. The Netscape deal is all noise. Netscape has literally thousands of similar agreements with other vendors. NETE is nothing and nobody to Netscape. Just good fodder for NETE to use in press releases. Sucker newbie investors get excited about these relationships and associated HYPE press releases, but not the seasoned pros. Seasoned pro's look at the bottom line and see a company out of money with a product that competes with many others and that has a limited market potential. Good luck Steve

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