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Re: Tingleff post# 145

Wednesday, 05/30/2001 5:14:27 PM

Wednesday, May 30, 2001 5:14:27 PM

Post# of 895
Jens;
I need to clear up a couple of things.
1) It was Sandra who called me, not Stephen. When I wrote "Stephen", I had NO IDEA it could make a difference as to who actually made the call. I just said Stephen because I figured that it came from Stephen since they both work out of the same office and I get the "impression" that Stephen runs the show and that Sandra is Stephen's assistant of sorts (may be wrong). So, when I heard from her, it was just the same as hearing from Stephen to me, just Sandra passing on the message as someone's secretary might do. Sandra is much more than a secretary, I do not mean to diminish her position, I just do not know the structure of their positions. I guess I was wrong in assuming that what Sandra communicated was essentially Stephen calling me and I am so sorry for misleading you. I assumed it did not matter WHO it was that actually talked to me, but that it was just the office from which it came that mattered. I never would have imagined that this was any kind of issue.
2)Stephen and Sandra have always expressed that their main purpose is to PROTECT THE INTERESTS OF THE INVESTORS, however that might need to be accomplished. I got the impression that Stephen somehow worked in some way for NTWK (again, maybe I'm wrong). This work entailed handling PR and getting information to investors that had questions so that the brothers could focus on their strenghths in leadership and not have to be bothered with investors all the time. But again, they have always been perfectly clear that their purpose was to protect the investors interests, not just cow-tow to the NTWK leadership. I honestly think that they feel that this NTWK-LLC BOD arrangement is best for all intersted in NTWK - the investors, because their focus is to get the stock prices to go up again with more diversified board input;
and for the Ghauri brothers because it will help them keep their company in step with appropriate strategies for a company being traded on NASDAQ. I really believe they are trying to help the Ghauris by pushing them to do something positive for their company. They have NEVER said anything negative about the Ghauris, only that they are trying to help them make their company better and more competitive. In fact, they have said MANY positive things about the Ghauris.
I am very sorry if my e-mail to you mislead you, like I said I am a novice and I was merely telling you the things I knew about the company through my communications. I had no idea of the unwritten insinuations that my writings carried with them.
Please forward this to Najeeb so that he will have a little more clear picture of what actually transpired, because I believe Steve and Sandy are trying to do good by him (granted, this may be quite naieve in my thinking), even though it may be a hard pill for Najeeb to swallow. They MUST get the stock prices heading upward again or everyone will quit putting money into the company. I'm certainly tired of my investment going nowhere fast but down. If that means to broaden the board, then so be it. The fact, that someone is actually trying to do something to achieve this is the only thing that has kept my investment there. So, if it works for one investor, how may other investors is it keeping for the Ghauris company?
Regards,
Charlie

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