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: Raj Ramaswamy who wrote (2568)	7/27/2000 3:02:31 PM
From: rupert1	Respond to of 2908

Raj: I have not been following that. I am concerned that having started the company with other peoples money, and then given them shares for practically nothing, they sold 600,000 at $42.25 in April under an SPO. I'm not concerned that they did anything wrong, but that they have no urgent financial incentive. The shares cost them next to nothing, they have salaries and a nice little cushion from the IPO. I know they sought authorisation to double the issued shares partly to be able to furnish stock options to employees.