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

To: rupert1 who wrote (2742)	8/18/2000 8:32:34 AM
From: Raj Ramaswamy	Read Replies (1) \| Respond to of 2908

Victor, Thanks again for summarising the analyst proceedings. One point which stuck me though is from their 10-Q filing. I would have expected NETP to be optimistic in view of last CC...however their filing goes on to say.. ...We expect to experience significant increases in our operating expenses for the foreseeable future, particularly research and development and sales and marketing expenses. Accordingly, we anticipate that our operating expenses, as well as planned capital expenditures, will constitute a material use of our cash resources. We also expect to incur additional losses and continued negative cash flow from operations for the foreseeable future, and these losses may increase significantly from current levels. We do not expect to achieve profitability in 2000 or 2001.... If they do not expect to achieve profitability in 2001, it is a long way to the first new penny... Raj