To: VentureCap who wrote (1444 ) 9/18/1998 12:48:00 AM From: Oliver Respond to of 1681
Thats right, NNS is going bankrupt very soon. Everybody sell before Microsoft and Netscape take over the market! Please, please, please don't give NNS the dreaded kiss of death!!!! In case you couldn't tell I am being sarcastic. I hardly ever write anything on these forums but I was somehow forced from my cave by the last posting. I believe VentureCap2's arguments are very weak. He went to Chapter books and looked in the index of 10 books for any mention of Net Nanny. Most books don't list company names in the index. And if the book is pre 1998 chances are the information is largely outdated. Maybe he should have checked some recent computer magazines where the following could be found:zdnet.com zdnet.com zdnet.com zdnet.com I could go on but its getting late. Not all these articles hail NNS as the end all be all of filtering products but they at least give a realistic view of the market and the competition. Will Microsoft and Netscape add filtering to their browsers? Maybe, maybe not. Do they want to enter the controversial domain of cencorship? Will they increase market share by adding parental control software? The questions go on. Maybe the reason Netscape is working with Net Nanny is so that Netscape doesn't have to develope extra software when superior products already exist. The best strategy does not always include taking over the business, sometimes it involves partnerships. As for NNS being promoted, great! That is the only way a stock on the VSE or ASE will ever get noticed and be able to raise the necessary capital it needs to grow. Since when was it 'alarming' that a stock has been run up and back down again. I'd say it was alarming if it hadn't. I have also talked to more than 3 credible sources (the definition of credible is subject to individual interpretation) who have a positive outlook on the internet filtering market. (What does credible mean anyway. I have a degree in Computer Engineering, an MBA, and a long investing background - does that make me credible or just over educated :) ) I do agree that THW should stay out of the internet filtering business though. The market is very competitive but there is large room for growth therefore I wouldn't say it is very saturated. It takes a large marketing drive (and $$) to achieve brand name recognition. In an industry such as this where most of the products are very similar, the marketing efforts can make or break the company. This is where I think NNS has an edge over its competition. OS/2 was a much better operations system than Win 3.1 but look who won the war. For THW to be any more than a flea biting at NNS's neck it would have to invest a large amount of money in marketing and promoting (that word again) its product, no matter how good the software is. I currently own some NNS shares but I'm a short term player so in a couple months I might not anymore. It doesn't matter really. Bottom line is this is a smallcap stock and we are all taking our chances. I think we all know that too. Oliver