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Technology Stocks : UNDISCOVERED NET STOCKS...Not yet BOOMING! -- Ignore unavailable to you. Want to Upgrade?


To: Kalman who wrote (183)2/2/1999 3:30:00 PM
From: Reverseman  Respond to of 525
 
NTXY running wild, this undiscovered gem is moving and quickly

NetTaxi.com (NTXY) is the 33rd most visited site on the Internet according the Internet research firm Hot100.com. It is ranked ahead of theGlobe.com (32nd) in popularity but it is valued extremely less than theGlobe.com. Last week NetTaxi was valued at 6 1/2. On February 1, NetTaxi.com closed at $17 5/8 gaining more than 25% on the day.

As an Internet community, NetTaxi is comparable to theGlobe.com (TGLO) and Geocities (GCTY). StreetQ has heard rumors that NetTaxi will be acquired shortly by a major Internet company. theGlobe.com is presently at $60 1/8 and GCTY is at $106 1/2. Despite having more traffic than theGlobe.com, NTXY has been thinly traded OTC. Shares did rise sharply on Friday but this is only the beginning. NetTaxi is clearly undervalued at less than $18 per share, especially after the Yahoo/Geocities deal.

In recent days, NetTaxi seems to be attracting more investers it has seen its stock price rise exponentially. This could be a tidy investment.