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Technology Stocks : NENG: Network Engines, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Hal Campbell who wrote (19)8/22/2003 2:25:53 AM
From: Gus  Read Replies (1) | Respond to of 186
 
And he's back!!! Good to see you back in the hunt, Hal.

As for this movable feast, yes, NENG definitely attracted more institutional support once it crossed $5.00 with another strong quarter behind it. Little NENG will attract even more institutional support at around $6.42 (market cap of $250M) when it goes from being a microcap to being a small cap stock available to a wider universe of small-cap funds and all-cappers.

Take a look at the institutional muscle behind HILL's move from the microcap world to the small-cap world. HILL passed the $250M milestone on 5/7/03.

HILL's up 110% since then heading into the seasonally
strong quarter for enterprise storage.

HILL v NENG
INSTITUTIONAL OWNERSHIP

No. of No. of
HILL Holders NENG Holders

Institutional
Ownership as of
03/31/03 25.2% 45 22.2% 15
<font color=red>
Stock Return
12/31/02-3/31/03 97.4% 49.0%
</font>

Institutional
Ownership as of
06/30/2003 55.7% 104 24.6% 25
<font color=red>
Stock Return
3/31/03-6/30/03 114.1% 155.0%

Stock Return
12/31/02-8/21/03 435.5% 465.0%
</font>

O/S (diluted) 32.2M 33.5M

Market Cap as of
08/21/2003 $534.5% $189.3M


Note: One VC is currently unloading his shares. He should be just about done by the time McData reports on Monday.