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Technology Stocks : NetGravity [NETG] -- Ignore unavailable to you. Want to Upgrade?

To: JOHN CHEN who wrote (117)	7/8/1998 6:49:00 PM
From: Secret_Agent_Man	Respond to of 589

John, although you did well here, will you postulate a short term target and perhaps a medium term short being 1-2 months and medium being 4-9 months if all things continue along this track, yes, I am aware that a correction is on the horizon but, look beyond for sec willya? r1

To: JOHN CHEN who wrote (117)	7/9/1998 10:40:00 AM
From: Warner Buffett	Read Replies (2) \| Respond to of 589

John Chen, your opinion please: Do you think SWNT could soon make a similar move as NETG did? SWNT went public a few weeks back and may see buy recommendations from its underwriter.

To: JOHN CHEN who wrote (117)	7/9/1998 11:47:00 AM
From: calvis	Read Replies (1) \| Respond to of 589

Good job John, here is the second coverage for NETG just off the wire. NEW YORK, July 9 (Reuters) - First Albany Corp's FAC/Equities research division said analyst Ullas Nalk started coverage of NetGravity Inc on Thursday with a buy rating. -- First Albany was an underwriter of the company's June IPO. NetGravity's lead underwriter, BancAmerica Robertson Stephens, started the company with a buy rating on Wednesday. -- Shares up 2-3/4 or 13 percent to 24-3/4 in early trading. The gains came amid a rally in the Internet sector after Yahoo Inc (NASDAQ:YHOO) posted better than expected earnings. -- Nalk said NetGravity's revenues are growing rapidly, up 227 percent in 1997 to $6.4 million, it has an "impressive" blue-chip customer base, it uses conservative accounting policies, and it is trading at a discount when compared to other leading Internet stocks. -- NetGravity provides software to help online content providers and heavily-trafficked websites manage their Internet advertising. Clients include AtHome Corp's (NASDAQ:ATHM) @Home Network, CNN Interactive, E*Trade Group Inc (NASDAQ:EGRP), Time Inc's New Media and Virgin Net. The company is based in SanMateo, California. -- In a research report, he said Jupiter Communications estimates that NetGravity customers serve about 42 percent of all Web advertisements. Nalk said he expects the company to maintain its market-leading position. -- Nalk set a $28 12-month price target for the shares. -- He expects a loss per share of $1.01 in 1998 and a loss of $0.46 a share in 1999. -- The company has 13.3 million shares outstanding, giving it a market capitalization of $329 million based on today's stock action. Copyright 1998, Reuters News Service