To: BlackStar who wrote (2327 ) 2/28/1998 7:18:00 PM From: cm Read Replies (2) | Respond to of 18444
I'm Still Trying to Form an Opinion... Am in a serious DD mode on NETZ... which is an almost laughable statement because, with its non-reporting status, there's diddly to do what's duly diligent. I mean, I applaud those who have provided info shares about outstanding and float. And I certainly appreciate the enthusiasm and eager-beaver-ness demonstrated at Bob's Picks. And, kudos to Matty for showing the initiative to take RI and Burgess by storm: may Providence be with you. But, as a purely anecdotal observation, my firm is in the business of creating banner and interactive advertising and doing media placement for same. (And, without bragging, we're fast becoming a leader in the SW. But, that and $3.46 will get you a Decaf Grande Mocha at Starbucks.) And Zulu Tek hasn't shown up on our radar. Much less called on us. DoubleClick has been all over us like a cheap suit... which they aren't. EchoMedia got some of our attention at the Thunder Lizard Internet Show in NY. I wasn't the company representative there, so I don't know the details. Now, like I said, that's just an anecdotal observation. It doesn't mean the company lacks value or good product or market share. Further, to cloud things even more, I think DoubleClick is vastly over-valued at its present levels. (This to me is a classic case of market effervescence... and frankly the kind of stuff that makes me wonder about the age of our bull market.) DoubleClick is certainly a good company with some very interesting ideas. We've used them. With success, I might add. Further, they seem to be moving the internet advertising paradigm closer to direct marketing... where I think things will make more sense to more advertisers. (DoubleClick even proposed a pay-for-performance scheme that would save our clients from putting virtually any money up-front, instead paying per-transaction or per-lead fees at the back end. Which, again, is very compelling.) But, I forget, this is not the DCLK vs. NETZ thread. And my apologies for getting into too much detail. If this company has merit, this will show itself. And I am content to miss its early moves and mind-boggling run-ups while the drama plays itself out. Were I NETZ (and very legitimate) I'd be amassing one heckuva analyst road show right now--with cool multimedia and, more importantly, cooler multi-vetted facts and the testimonials of happy and high-profile clients. Because a wonderful, indeed, almost-once-in-a-lifetime PR window has been opened by DCLK's spotlit IPO. However, if I were not legitimate (or, more forgivingly, completely disorganized), I'd play this teaser game with coy press releases, hints, forward-looking statements, etc. All of this, of course, is just my brain froth and humble opinion. Waiting for Matty--a play by Clifford Odets. Best Regards (And Only Profits to Those Who've Invested) c m