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

To: Kenneth M. Koff, CPCU who wrote (165)	3/18/1999 6:50:00 PM
From: Pluvia	Respond to of 369

<<<Anyone met a more obvious 'short' lately. C'mon...at least own up to being worried sick that you bet the wrong way.>>> NETE loses about $3.9 million every Q. As of Nov. '98 they only had 2.6 million in cash. Do the math, if NETE does not sell stock every Q to pay the rent they go belly up. I would consider that an objective opinion - not a short opinion. Steve

To: Kenneth M. Koff, CPCU who wrote (165)	3/18/1999 7:11:00 PM
From: Pluvia	Read Replies (2) \| Respond to of 369

Looking at NETE from another perspective... Back in Nov '98 NETE only had 2.6 million in cash, losing 3.9 million per Q, by now, (5 months later), NETE must be absolutely flat broke. OUCH!! Congratulation - everyone who bought stock today now owns a company that is: 1. FLAT broke; 2. Produces ~One~ insignificant software security product, thus making them the ~classic~ one product company; 3. Has only one product that faces stiff competition from other software companies. Gee, doesn't being broke make it tough to compete? Seems like it might be hard to pay those programmers to maintain the product when the company has no money???? Bet that helps you sleep well... Cheers Steve