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Technology Stocks : nete -- Ignore unavailable to you. Want to Upgrade?


To: Goldmine who wrote (157)3/18/1999 4:56:00 PM
From: Pluvia  Respond to of 369
 
NETE Software seems like a small, insignificant bit of the e-commerce solution, the revenues this company generates seem to suggest my assumption is true.

The company's press releases use the typical "pump 'n dump" trick of trying to associate themselves with big name companies? Sounds scammy...

Where is NETE going to get the money they need to survive? looks to me like they're just about broke?

Add all these things together and I don't see why this company will significantly improve revenues. Looks like a typical 5th tier BS software company trying to capitalize on the internet explosion but that will be out of money and likely out of business in 18 months.

Please correct me if I am wrong here... And don't bother bringing up the Netscape deal - that's old news signed in January, plus there's no indication the Netscape deal has improved sales 1 iota.

Not to mention the fact that MSFT's new web browser was released today, it's much faster than Netscape's browser, MSFT has competing security tools and the leading website construction software in MS FrontPage... IMO NETE makes nice press releases, but look out below when the daytraders sell, this one is toast...

Cheers Steve