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 : NetNation Communications, Inc - NNCI -- Ignore unavailable to you. Want to Upgrade?


To: Robert Morris who wrote (96)8/31/1999 4:16:00 PM
From: 5handicap  Read Replies (1) | Respond to of 121
 
That loss works out to less than 2 cents per share for the quarter!

This stock is a screaming buy compared to webhosting companies listed on the nasdaq --
NNCI -- 15 mil shares, ~$.08/sh loss, >9300 customers,$5/sh
INIT -- 40 mil shares, $2.50 loss, 37,000 customers, $13/sh
CNCX -- 41 mil shares, $2.70 loss, >> customers, $23/ sh

(I've just estimated the yearly loss by 4 times 2 cents. The old customer base was quoted as 7000, a 33% increase is 9300).
I think it's just a matter of time until NNCI is bought.



To: Robert Morris who wrote (96)9/23/1999 1:02:00 PM
From: FFNEODOC  Read Replies (1) | Respond to of 121
 
Bob,
The stock has taken a hit due to the "e" attached to it's symbol by
NASD regulators still trying to catch up with the workload generated
by the new SEC reporting regulations. (This wouldn't have even
happened if they had used the current NNCI symbol rather than the old
CBET one)
If you doubt this is a good buying opportunity, look at KANA
communications, a recent IPO internet company currently trading at
about $50/share.

NNCIE KANA

Market Cap $40 million $1,400 million

Revenues ~ $2,000,000 $2,049,000

Profit(Loss) ~ ($1,000,000) ($6,400,000)

I got these #'s from the 1998 KANA IPO financial info & the last
quarter's NNCIE data expanded to 1 year. Looking at this info one
can't help but wonder what makes KANA worth 35 times NNCIE? ....
Especially since NNCIE is growing revenues at rates in excess of 100%
and has a loss that is proportionately shrinking. I think the answer
is exposure... KANA went public through Goldman Sachs on NASDAQ,
NNCIE through a little shell company called CBET on the OTCBB. I
suspect when NNCIE gets approval for it's move to the NASDAQ national
exchange, we are likely to see "bump" in the share price. I've been
loading up on NNCIE in anticipation of that day.
Frank