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

To: Amboy Charlie who wrote (59)	11/16/2003 8:50:18 PM
From: Gus	Respond to of 186

NENG's institutional sponsorship is now 45 holders with 36.4% ownership as of 9/30. That's up from 25 holders with 20%+ ownership as of 6/30. Insider ownership is probably now closer to 35% than 40% after the last round of VC selling so the float is less than 30% of O/S or less than 10M shares available for trading. Average 10-day volume is 1.3M while average 3-month volume is 1.1M. Those averages figure to go up since NENG became optionable last Thursday, the same thing that happened to HILL when it became optionable last August and started to accomodate a wider range of investing styles. HILL's 9/30 numbers - 43M O/S, 138 holders, 67.5% institutional ownership. Regarding NOVL, the SUSE acquisition probably means that it will start to trade with VA Linux and Red Hat. One of the biggest risks with this group is that the genuine technical merits of the open source movement will be subsumed by the well-disguised efforts of the server vendors like IBM, HPQ and Sun to reinvent the wheels of the old IBM glass house in terms of span of control, control as in account control.<g> Regarding PANL, this OLED company was started by the same guys who started Interdigital. The IPR (including some seminal Princeton U patents) appears top-notch, but like most IPR plays, I consider these short-term trading vehicles until proven innocent........and they make the nearly impossible transition from reactive tax collectors to proactive product development companies.<g> I have a basket of about 10 IPR plays (including PANL) that I follow regularly to use strictly for trading. If you want to see some online fireworks, Charlie, go visit the ACTG board on Yahoo. The always oedipal MILF crowd is out in full force looking to bring ACTG down by hook or by crook after ACTG won some patent infringement judgements (by default) against some leading companies in the porn industry.<g>