SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NetObjects, Inc. (NETO)
NETO 0.00Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jonathan Lebed who wrote (63)5/7/1999 10:32:00 PM
From: Trader J   of 278
 
Jonathan - Market cap is only higher because ALLR trades at 6x the price of NETO. I do not know how many shares, in total, NETO has out but I am guessing the number is close to 20M which would give them an MC of roughly 1/3 while selling just less than 6x. A pretty good ratio if you ask me. But as we all know, sometimes the math just doesn't add up, and since most of these IPOs are in the red, where do you draw the line for value.

However, I believe NETO was just a bit forgotten because of the other IPOs out, on a strong day next week, we may get our long awaited Inet rally.

Tj
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext