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


To: rupert1 who wrote (749)5/24/1999 6:24:00 PM
From: JOHN CHEN  Read Replies (1) | Respond to of 2908
 
Of all the internet stocks debuted this year since Jan. 2nd, I only like 3 so far. PCNTF was my first pick which is on my top 10 list with a target price of $100. PCNTF has since hit my price target intra-day.

MPTH is another one I like; I have yet to add to my top 10 list. I'd like to monitor its business a bit longer. It has quite an establishment in the game area but lacks in chat room communication arena. Recent development with YHOO looks excellent; I'd like to see the company continuing developing this arena and moving away from the game area.

NETP has just been added to my top 10 list. Short term weakness is nothing to worry about as anyone who is experienced enough can tell you that this current volume we have getting in NETP is a good sign. Stocks go down on small, declining volume is a good sign; stocks go down on large, increasing volume is a bad sign. I think we are close to exhaust all the sellers, including those who got the "100" shares during its initial IPO offering.

As for the business model, I happen to think NETP is one of a kind and a brave new step forward in research and marketing. Unlike what I see as the dinosaurs of marketing such as @PLAN and Webtrend, "Reatime" is the way of the future as I see it. Potential use of this technology will stretch far beyond the on-line retail arena and into traditional retail arena.

I think it is in your best interest to look at this company for the long term. Like many of the good internet companies, you get two steps forward and one step back, but in years to come, it's a straight line up.