To: D PARKER who wrote (658 ) 2/19/1998 5:05:00 PM From: PHILL Read Replies (1) | Respond to of 18444
Good post DParker, let me add some more. according to a study done by Data corp. the number of people using the world wide web went to 5o million in 1997. The projection for 2001 is 174.5 million. thats a predicted growth of more than 200%! Even more impressive, International Data Corp. Forcasts that internet commerce will surge from $10 billion in 1997 to $220 billion by 2001. Now I know NETZ has been a little annoying with lack of news, but hey they may be building a company worth billions in billings, in a short time. Double click is number one, and will be trading at 16 to 17 dollars a share. Zulu tek is number 2, trading at .20, boy talk about potential. When this one takes off it will be to the moon, so I am not worried I have the patence to wait. In a recent article the New York times said "Money starts to show in internet shopping" amoung the millions of internet users, 25% buy something on-line. Amercan Express puts internet credit card purchases at $6 Billion for 1997, with sales increasing at more than a 400% pace annually. 400% annual growth, and Netz is sitting in the cat birds seat here. The thing that worries me about this stock the most is that some big company will come along and snap this extrodinary opportunity out of my hands before it has a chance to gain its true potential. If management does a good job, imagine what this company will be worth in one or two years. its simply astronomical. I can wait, It thrills me to even consider the potential. Sorry for the windy post. Everyone should do their own DD. I am an individual investor. Good luck to all on your investments. PHILL will be in NETZ for awhile