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Tingleff

03/31/01 8:10 PM

#51 RE: sbc357 #50

In the week passed - Monday, Thursday and Friday afternoon all had increased activity.
Monday had some serious selling, Thursday some selling too but ended up with support, which did not come Friday after the selling.
Institutions - I'm not sure when 1.Q2001 will be updated:
http://www.insidertrader.com/freestuff/ticker_summary.asp?search=1&criteria=NTWK

Insiders - Updates around 14 days after filing:
http://www.insidertrader.com/freestuff/search.asp?search=1&criteria=NTWK

End of a quarter could be BW had to unload some to pay investors withdrawing - I think it's 2 or 5% of holdings traded, that call for BW to file, so if they traded 100K we should soon se a filing.

And of course the shares from Deephaven may be part of it too.

Institutions reentering will IMO very much be connected with signs of positive gross income. You will see same trend in other tech biz for example 3COM - even though financially strong their lack of positive gross income sets a delimiter at 40% discount to book value. NTWK is still trading above Book, which is probably a part of the reason the short position increased.


Kr
Jens