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


To: Peter Blackburn who wrote (844)5/25/1999 4:08:00 PM
From: SecularBull  Respond to of 2908
 
Me too!



To: Peter Blackburn who wrote (844)5/25/1999 4:39:00 PM
From: ION$  Read Replies (1) | Respond to of 2908
 
The good news is NETP isn't being singled out here. Heck, WCAP which makes money and has stakes in WGAT and COOL among others, got a 20%+ haircut today. All nets are tanking. The NETP 15% haircut occurred because of over all market sentiment against the nets. We've seen it before gang. The key here is not be marginned on these stocks. If you're cash, just hang in there. We will see a bounce after the serious sellers are outta here. All nets crash hard. On the upside they climb just as fast when sentiment turns. Ask yourself what the value of NETP is. The value lies in the future, not now. Stellar growth is in the cards. Etailing is not going away. To the contrary it's growing by leaps and bounds.
Keep in mind the offering price was 14. That's our theoretical support. We have a long ways to get there so don't worry yet. One more thought, as always the smart money is buying when there's blood in the streets. Buy some here and tuck it away. The nets will turn around eventually.

Regards

ION$