Well, assuming this is an authorizd connection, and that the other user is allowing you to connect (or vise versa) why not just use a ctcp notice.

/ctcp nick NETMEETING <ip>
ctcp *:NETMEETING:*: {
; net meeting stuff here
}

EDIT:
Example..

menu nicklist {
Connect To $1 via NetMeeting: /ctcp $1 NETMEETING $ip
}

ctcp *:NETMEETING:*: {
if (*.*.*.* iswm $2) /blah goes here
}

note: you may even use $longip just so the ip isn't as noticible to someone whom happens to catch the packet. They may just assume its a $ctime or some other setting.