Silicon Investor (SI) -- The First Internet Community

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 : Net Perceptions, Inc. (NETP) -- Ignore unavailable to you. Want to Upgrade?

To: ynot who wrote (1227)	6/17/1999 8:23:00 PM
From: Joe Smith	Read Replies (3) \| Respond to of 2908

I'm beginning to wonder about this stock. Got in at 16 on a low and wondering whether to dump. Also got in at 22 before quite period ended, got out again at 27. Sure, some good news could break this sucker out. But without it, I just see erosion. It clearly is not moving with the "established" nets. Wasn't beat up quite as badly. Taking very little part in the rally. Net momentum is not going to mean much to this. Without this net momentum backbone, what substantiates the ridiculous overvalue in the near term? Yes, someday it might be a great company, but for now, what will stop it from testing 15 and even going into high single digits? Great technology has little effect on price until it turns into great revenues. What is to stop others from developing good enough technology? I think I will wait for a better entry point and if some great news or great rally propels it, so be it.