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Technology Stocks : Net Perceptions, Inc. (NETP)
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To: go_bucks who wrote (685)5/19/1999 2:27:00 PM
From: David Harker  Read Replies (2) of 2908
 
>Wondering why we can't sustain any upward move.. I've been
>checking the transactions these days.. no block trades at all..
>zero!

I owned ATHM in January of 1998, in at $22.125. No one had
heard of it yet (I read about it here on SI). Eventually
it got some mainstream press, I don't remember what publications,
and then AT&T bought TCI (thus getting a big stake in ATHM) and
eventually it became "known" to the world (and the 'street').
You can look at the chart below to see what the "gradual spread of
ATHM awareness" did to the stock price.

iqc.com

I only bought 100 shares of ATHM at that low, low introductory
price, and am not making that mistake w/ NETP (I bought more).
Eventually NETP will get publicity, maybe some big analyst like
Blodgett (sp?) will set out a target price of $300 like he did
for AMZN (or was it $400?) - somehow the word will get out.

If you think you are right, but just early, get in big and
HOLD ON. I sold ATHM too soon, at $90 (still got a 4-bagger)
but could have sold at $190 a few months later...
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