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

To: stockman_scott who wrote (1548)	8/6/1999 1:08:00 PM
From: Walt Corey	Read Replies (2) \| Respond to of 2908

I was expecting $30-$40 in 12 months. $20's is what most of us purchased it at. I think the key to their recovery is at what point they can be in the black. It's wonderful revenues are climbing at 187% /quarter, but so are expenses. They need to continue growing revenue and hold or cut expenses. Even if they only make $.05 a quarter, that'll get the street's attention. How many internet's are operating in the red with no real hope of being an ongoing concern, assuming making money is key to that. If they can't get profitable, they'll die. It seems to me that losing money yr after yr after yr is a recipe for only making upper management rich. The company WILL fail but the IPO is only to make the founders millionares. The real question for management is, "is NETP planning to be an ongoing concern?". No executive or IR person would ever answer that in the negative, even if it were true. I guess the real question to ask is WHEN are they planning to break even or go into the black. Does anyone know already??? Walt