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

To: Jimbo Cobb who wrote (1877)	11/11/1999 1:03:00 PM
From: buffalogrif	Read Replies (1) \| Respond to of 2908

NETP plus Digital River? Any thoughts? About a month ago I posted the question below on the DRIV thread and never got any response from those guys. I thought I might post it here to see if any of you have made the same connection. "I came across a very interesting possible inter-connection between DRIV and another company which is also located in Minneapolis. The company is called NetPerceptions - NETP. They're the subject of Raging Bull's Cyberstock Elite today. Read it and the fit with DRIV's leverage strategy will just scream out at you. On NETP's Board is William Lansing. Mr Lansing is the President of Fingerhut, now a Federated subsidiary. He's also on the Board of Driv. Other NETP board members include Ann Winblad of Hummer Winblad. She is also on the board of Liquid Audio. I'm not suggesting any deals or partnerships. But when you have smart people, interlocking directors, vast resources and almost identical, yet complementary strategies - and they live in the same town...".

To: Jimbo Cobb who wrote (1877)	11/11/1999 5:00:00 PM
From: webstocker	Read Replies (1) \| Respond to of 2908

READ the last paragraph and make your own conclusions... startribune.com Net Perceptions stock rests, after a sharp rise Eric Wieffering / Star Tribune Shares of NetPerceptions took a breather Wednesday, closing down slightly after rising almost 55 percent on Monday and Tuesday. The stock closed at $25.75, down 12« cents, but Wednesday initially looked to be another big day for investors in the Eden Prairie-based firm. The stock opened at $29 and reached $33.25 in early-morning trading before drifting back down. NetPerceptions provides personalization software for electronic commerce sites. Its clients include eToys, Procter & Gamble, wine.com and Sportsline. Like most Internet companies, NetPerceptions is growing quickly but losing money. Through the first nine months of 1999, it lost $10 million on sales of $8.8 million. The company released no significant news this week. A spokeswoman did not return calls seeking a comment on stock activity. Hany Nada, who has a "strong buy" rating on the stock for U.S. Bancorp Piper Jaffray, said the reason for the activity may be simply that investors, having bid up the prices of such Internet infrastructure companies as BroadVision, Vignette and Epiphany, now have discovered NetPerceptions. "NetPerceptions hasn't had its day in the sun yet," he said. Less likely, but not out of the question, is the possibility that investors see NetPerceptions as an attractive acquisition target of other infrastructure companies. "Their platform would fit beautifully into a company like BroadVision," Nada said. "I'm just not sure how far along those companies are in terms of thinking of strategic acquisitions." NetPerceptions first sold shares to the public April 23, when it traded as high as $35. Since then, however, it has hovered in the low to mid-teens. Last month, executives and early-stage investors filed notice that they intended to sell as many as 3.5 million shares. No sales have yet been reported to the Securities and Exchange Commission.