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

To: rupert1 who wrote (2699)	8/14/2000 7:34:11 PM
From: Smear_campaign	Read Replies (2) \| Respond to of 2908

FWIW from Harmon the clown: Hello Steve What do you think of NETP in the next 3 months? Harmon: third quarter often is the slow time of year for sales and new customers. I expect more traction in both in fourth quarter. So a three-month window is too short term in my view. I think we may see accelerated consolidation in the personalized marketing space that Net Perceptions (NETP) is in. Gee brilliant Steve, tell us something we don't know.

To: rupert1 who wrote (2699)	8/14/2000 8:23:49 PM
From: bernieb2	Read Replies (1) \| Respond to of 2908

Victor - This is only my opinion, but there certainly was a lot of block trading over the past month. Seems rational that VV has been selling, but if you look at the previous trading activity, no one could match those types of trades without the stock becoming totally worthless. Someone is accumulating those shares being sold by VV, but is doing it at the lowest price they can get without causing jeopardy to their holdings already. To add to this, I believe, they have purchased Puts to limit their loses. After Friday's expiration they might even repurchase those Puts for a future expiration to continue to limit the potential losses. So my bottom line is all this concern about that large a portion of puts being bought (wasn't it 1.2 million shares) might not be someone who's convinced the stock is going below 10, but someone who was willing to pay 1/4 point on their investment to guarantee the maximum short-term loss would be perhaps a maximum of 2 1/4 points. (Assuming they bought at 12 or so and I think those puts were at 1/4 point per contract). Seems very rational for a stock as volitile as NETP has been lately.