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Strategies & Market Trends : The Rational Analyst -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (365)2/24/1998 4:08:00 PM
From: Scott H. Davis  Respond to of 1720
 
[Stock Talk - NETZ response] Three quick problems - Name recognition. I've heard of DoubleClick many times in many contexts (even before IPO talk), but never heard of NETZ before. It's a penny stock, and most institutions won't touch them. Even NASDAQ small cap has amoung it's listing requirements a > $4.00 bid for x days (30?) requirement. Those are some significant hurdles to overcome on the way to $10.00.

Your sceneario calls for a heavy pop after financials released. Noticed it was 3/16ths a few days ago, and year high was about 13/16. Getting & staying past $4.00 is one HUGE pop.

To flesh it out more - when I picked up some TRIBY in my IRA (positive earnings, already on NASDAQ small cap) my broker made sure to point out that he was recording it formally as an "unsolicited trade" due to price and market cap. FYI Scott




To: Joe Copia who wrote (365)2/24/1998 11:39:00 PM
From: HeyRainier  Respond to of 1720
 
[ NETZ ]

Joe,

You made a very good call with NETZ, but I agree with Scott's sentiment with regard to the penny stock category. While the TA factors are indeed interesting, I am not currently interested in risking my capital in such a company with an FA side that is hollow and lacks substance. I have not done my research on it, so I have no business with the company or its stock.

I wish to remove myself from the more speculative side of the penny trading category, and focus more on investments for the longer term. I admit I will on occasion trade and hold an issue for only days, but I would rather do it with a stock that has a fundamental story that I understand to a deeper extent. Right now, I do not hold such a level of understanding with NETZ nor any company related to it.

Therefore, I must pass.

Regards,

Rainier



To: Joe Copia who wrote (365)2/25/1998 9:57:00 PM
From: HeyRainier  Respond to of 1720
 
[ NETZ ]

Go Joe; I remain very impressed.

Rainier