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Technology Stocks : Net Perceptions, Inc. (NETP) -- Ignore unavailable to you. Want to Upgrade?


To: go_bucks who wrote (685)5/19/1999 2:27:00 PM
From: David Harker  Read Replies (2) | Respond to of 2908
 
>Wondering why we can't sustain any upward move.. I've been
>checking the transactions these days.. no block trades at all..
>zero!

I owned ATHM in January of 1998, in at $22.125. No one had
heard of it yet (I read about it here on SI). Eventually
it got some mainstream press, I don't remember what publications,
and then AT&T bought TCI (thus getting a big stake in ATHM) and
eventually it became "known" to the world (and the 'street').
You can look at the chart below to see what the "gradual spread of
ATHM awareness" did to the stock price.

iqc.com

I only bought 100 shares of ATHM at that low, low introductory
price, and am not making that mistake w/ NETP (I bought more).
Eventually NETP will get publicity, maybe some big analyst like
Blodgett (sp?) will set out a target price of $300 like he did
for AMZN (or was it $400?) - somehow the word will get out.

If you think you are right, but just early, get in big and
HOLD ON. I sold ATHM too soon, at $90 (still got a 4-bagger)
but could have sold at $190 a few months later...



To: go_bucks who wrote (685)5/19/1999 3:46:00 PM
From: srfdude  Read Replies (2) | Respond to of 2908
 
This is shaping-up to be the lowest volume day in this company's short history. 100,000 shares at 3:30 est is nothing. When this stock moves in a definite direction it won't be on a day like this. NETP has a great product but it is priced for greatness. I'm in at $24.75 cause I think their long-term potential is outstanding. I think there will be some serious shake-outs on the way, but who knows when and for how much. I'm taking a long-term hold on this one. When they get discovered, it will be profitable.
srfdude