NetMeeting is installed no matter if you want it or not. It is possible to uninstall it with this command:

%SystemRoot%\System32\rundll32.exe setupapi,InstallHinfSection NetMtg.Remove 132 msnetmtg.inf

More Info MS KB267958

To reinstall NetMeeting again after uninstalling it:

1. Find the file C:\Windows\Inf\msnetmtg.inf
2. Select and Right click the file and choose to Install

Note if using WinXP and actually want to use NetMeeting, then one can add it to the Start-menu by executing this command:

conf

More Info MS KB298327

More Info Microsoft NetMeeting "How-To" Guide