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: Jason W who wrote (2406)	2/25/2000 5:30:00 AM
From: rupert1	Read Replies (1) \| Respond to of 2908

Jason: I think you answered your own question. Apart from options expiry last Friday and some nervousness due to the pivacy issue scare about DCLK and ENGA last week (and both those stocks have recovered from the scare) nothing has changed in the fundamentals. NETP has deliberately held back on news. In view of the rapidly rising percentage of the float being owned by institutions, volatility is increased. It takes very little buying or selling to move it $3-5 either way. The base is formed at $45-$55 with an upward bias. In March, the company is presenting at industry conferences alost every day. PR is geared towards the Personalisation Summit in Boston on 9th April which is sponsored by NETP and by personization.com (which is also sponsored by NETP). If it is like the Fall Summit it will be sold out and attended by all the industry and the media. Last year, two weeks before the Summit saw the beginning of intense interest in NETP and big moves up in the share price. Expect to see a co-ordinated series of announcements about new customers, new partners, possibly new products (an ASP, for example). Any substantial news will put pressure to the upside. Earnings in April/May will demonstate at least 50% sequential quarterly growth. TA suggests a breakout is imminent. Last week it was picked as the best idea by a prestigious private newsletter, it remains in Steve Harmons top ten. It is now covered by 9 analysts rated BUY or STRONG BUY with targets of $75-$100 described as "conservative".