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To: xcr600 who wrote (257)	4/19/1999 6:57:00 PM
From: Patherzen	Respond to of 737

In from daytraders on NETP.... NET PERCEPTIONS (NETP): Probably not the best week to be on deck for an IPO. But Minneapolis, MN-based, Net Perceptions, is one of about a half-dozen Internet-related companies scheduled to price this week. When bringing an Internet deal to market, timing is more important than fundamentals. As a result, Net Perceptions might be better served putting its deal on hold until market tone in technology improves. Those issues which are not considered pure-play Internet stocks may have no choice but to be shelved, particularly given one of last week's major deals, Sagent Technology (SGNT), is on the verge of falling through its $9 IPO price... Net Perceptions is a provider of real-time relationship marketing solutions. NETP's products analyze past and current customer behavior. Based on this analysis, the product uses collaborative filtering technology to anticipate other merchandise or information a customer is likely to be interested in purchasing or viewing. Current customers include Barnesandnoble.com, CDnow, Egghead.com, Preview Travel, Ticketmaster Online and Value America... For the year ended December 1998, NETP logged revenue of $4.48 million, an increase of 1312% over the year-ago period. Net loss widened from $4.7 million to $4.97 million. Gross margin was a robust 91%, compared to 86% in the yr-ago period. Based on the high-end of the proposed $10-$12 range, NETP would carry a market capitalization of $256 million and a trailing Price/Sales ratio of 57. BB Robertson Stephens will serve as lead underwriter of the proposed 3.6 million share offering.