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


To: Alvin Wong who wrote (2421)3/23/2000 1:35:00 AM
From: allen menglin chen  Read Replies (1) | Respond to of 2908
 
biz.yahoo.com

$92 mil/2 mil sh = $46 per share. And usually the underwriters take a few percent for selling the stock.

NETP even went up to $60 after the news. The market should have digested the news well.

Underwriters usually won't let stock fall far below SPO price.

With the daily trading volume, SPO plus insiders selling won't take too many trading days.

I cannot explain the recent weakness. And remember NETP was trading under $20 for 6+ months b4 the big move to 30s.

We should check the RagingBull NETP thread, usually they have a good discussion there.

ragingbull.com

Hope analysts will reiterate buy/strong buy soon.

Lucky that I didn't hold NETP last round. Bot them back @ ~43 and some options when it was trading @ 36-38.

And NETP is #12 on this hot 20 growth stock list w/ many great companies (Forbes April issue)
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