NetSol International Inc. (NTWK)

[sbc357]

The management is turning this company around and it will be a good investment some day. Right now they have such a bad history with the markets and maneuvering that had been done that I think they have a very hard time getting big investors interested and they cannot get their backers to support the stock price anywhere above $2. So, until they generate enough positive feelings in the market to attract some real big pocket investors, I believe this will keep trading in a trading range from $2 to $3, with the occasional pop up to the $3.40 range.
Now, they could generate such interest with their next press release and that could be tomorrow or next month - who knows. It could also take another year. They have DEFINITELY improved their fundamentals over the past three years and are making definite progress in the area of having some nice products and services to market to the financial/leasing industries.
The management leaves the impression that they HOPE to be EBIDTA positive by the end of this fiscal year (June, 04) - but I have seen them have hopes before and not be able to achieve or MAINTAIN them. Maintaining levels that they reach from achieving goals is a BIG problem in my opinion.
All this is JMHO.