To: Qualopec who wrote (969 ) 2/24/1998 5:05:00 AM From: BlackStar Read Replies (1) | Respond to of 18444
If you think I'm not intelligent because I demand facts before I invest, then your opinion speaks for itself. People may make a ton of money on NETZ, but it will be because of luck, not good business judgment. True. Keeping an open sceptical mind will increase your chances of success many times. To do so with a stock in the position NETZ is in is a real challenge.No one has posted fundamentals here. No one knows what the company is up to, because the company isn't saying. Fundamentals in their complete form is nowhere to be had. It is the thing we are (have been) waiting for. I don't think that it is all that odd it hasn't happened yet. The company became NETZ in August '97 and has made all the right moves in that time. It is IMO fairly obvious what NETZ is up to. They want a piece of the on line advertizing business. Everything they have done points in that direction. That would be an insane amount of effort and money if they only are out to fool some people of their money. Besides the core people (Burgess, Meachem etc) have a solid rep of building business. They wouldn't want that tarnished. They will speak as soon as they have a chance to catch their breath. Besides, we (individual investors) are not their intended audience, Wall Street is.Even if hype gets NETZ above $1, more than hype will be required to keep it there. Very true. And my 'gamble' is that they will present financials that reasonably will support a price in the $5 to $15 range. Keep in mind that this is the BB and there are no 'sure things' to be had. If you play, be prepared to pay.Even if you don't, you're missing out on great gains elsewhere: it's funny to note that while nothing substantial has happened with NETZ over the past year, established stocks like DELL, MSFT, and AOL have doubled, tripled, and quadrupled. What exactly do you mean? I hope you aren't seriously comparing NETZ (a seven month old company) with established big board 'home runs'? I am fairly certain that all those big board stocks you mention were small companies with growing pains in the beginning. I think you have a good basic viewpoint but I feel that some of your points are a little skewed. Maybe I am not reading you right? Anyway, good luck should you invest in NETZ. It will be a bumpy ride.