To: OtherChap who wrote (1275 ) 2/25/1998 6:29:00 AM From: BlackStar Respond to of 18444
If NETZ had better financials that DCLK, the private investment community would know it. Companies dont operate in a vaccuum. Well, you see, to some extent certain companies do. Especially if they start out down here. BBs are 'forbidden land' for most Wall Street types. It 'bad' to invest in anything down here regardless of prospects. So a whole lot could be going on here without it making one single blip on the Wall Street radar.The only thing regarding financials that NETZ has _ever_ posted is that if you count the revenues that softbank interactive had LAST year, then "they" had more revenues than doubleclick in that time period. That is all. They could have also picked up 50 million in debt, they could also be planning a huge reverse split, they could also have lost all their existing softbank contracts. 'They could...', 'They could...'. Well you could grow some perception too, but at this point I find it as likely as your conjecture. Getting in at this level is an excercise in faith. All is not known. Reasonable guesses must be made. If you cannot invest like that you should stay away from BBs...and respect those who try .Instead of any hint at financials, all we get are repeated press releases denying a buyout rumor and mentioning their name along with doubleclick at every possible chance. $39 mil rev feels like a pretty solid hint to me... Or do you think I am mistaken? They published it, it's official and therefore libelous. There is substance in NETZ. $39 mil worth... If some of that is profit, excellent; if not then that is ok too.Finally, if NETZ had better financials than DoubleClick, why were they unable to get any major brokerage to take them public? Why did they have to go the reverse shell merger route onto the penny OTC boards? Easy. Using a dormant shell with an existing stock structure means you can get listed a lot faster and at a much lower cost than an IPO. Also, when NETZ started out they didn't have Softbank etc. A lot of the spokes in the wheel was missing. If NETZ had been a privately owned long standing company it would most certainly have used an IPO to go public. Using a shell is a different tactic and I hope to make some money off of it. I suspect most other investors are.If I were a big underwriter (who, by the way, are probably the only ones outside of netz who do know the financials) I would take NETZ public in a second if they actually had better numbers than DoubleClick. But they havnt. Why? The answer is- their REAL numbers, when they come out, are going to disappoint or even frighten away everyone. There you go putting yourself in a position you are clearly not equipped to handle. I would say with some confidence that nobody here has a full, on all levels detailed insight into NETZ and its plans. And very few, I am sure, could maneuvre a company from zero to comparable with DCLK in a few months. NETZ mgmt has shown some quality, let's see if it will take us all the way. Your move.