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QualityStocks

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Monday, 12/21/2009 9:16:15 AM

Monday, December 21, 2009 9:16:15 AM

Post# of 895
Compensated Awareness Post View Disclaimer
NetSol: Early Volume Plays

NetSol Technologies (NTWK Quote) surged by 20 cents, or 27.7%, to 95 cents in the premarket session after the company issued strong guidance for its 2010 fiscal year. NetSol said it expects full-year revenue of $33 million to $35 million, above the consensus target of $31.46 million. NetSol also said it expects to return to GAAP net income for fiscal year 2010, compared with a GAAP net loss of 30 cents a share for fiscal year 2009. The 50-day average daily volume for NetSol is 189,000 shares.

http://www.thestreet.com/_yahoo/story/10650164/1/gigamedia-netsol-early-volume-plays.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA


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