NetObjects, Inc. (NETO) Message Board

STOCKTALK

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 0.00

Nov 6 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Owen Vaughan who wrote (110)	5/19/1999 6:25:00 PM
From: Gerald Walls	Read Replies (1) of 278

At TheStreet.Com: IBM's Long Goodbye to NetObjects By Lewis Perdue Special to TheStreet.com 5/19/99 3:42 PM ET subtitle on index page: Did buyers of the NetObjects IPO realize how far IBM has gone to distance itself from its former partner? In a kind of long, slow-motion wave, IBM (IBM:NYSE) is bidding goodbye to its long relationship with NetObjects (NETO:Nasdaq). The latest -- but perhaps not the last -- step in this corporate farewell is NetObjects' recent IPO. This means that those who bought into the company's IPO can no longer look to Big Blue to bulk up NetObjects' revenue stream. And a closer inspection of the company's products and marketing leaves a lot of unanswered questions -- too many, perhaps, for comfort. ... bunch of bad stuff deleted, that you can read when you subscribe to TheStreet.Com (which I happen to own some of...) ... So, even though IBM still owns more than half of NetObjects' stock, it has made it pretty clear that its protege has to be able to make it in the world without additional handouts. And though NetObjects shares have largely managed to tread water above their IPO price of 12 a share, the company's new owners had better hope the old owner doesn't get into the lifeboat anytime soon.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next