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Tingleff

06/29/01 6:30 PM

#222 RE: LookingforInfo #221

What I/we (we are a group of hobby researchers) know and find is solely from plain internet research and analysis of the information we find. - Actually we make it an issue not to contact company management or hired IR/PR in order to obtain information, as we would only be feed hype information which would impact our opinion, rather than analyzing on information available.

As you, I'm pissed that there has been no proper info coming out - I think though that if you have the PACER access to court rulings, you will be able to obtain same level of information as stockpatrol gets. (PACER is a paid service, and we only use free services)

My bet, looking at the trading last few days, is that the real management (netsol old management) is in the lead to win the battle, and that the support teams for the the GroupLLC was the selling parties. Supposing it is true that the receiver stay as stockpatrol reports, I'll guess it is until the final proxies are counted, and then Netsol can go back to normal business. - Of curse then all that happened has been an extraordinary learning experience for the management - that is actually a positive thing.

If my bet is reight, the downside marketwise is very muct depending on what BW will do now - Let's hope they will stick to money managing, and not try to buy and run companies with their investors money - A period of safe play in this down market IMO would be the best way to recover - In other words I'd advice BW to stick to their line of business.


Kr
Jens

sbc357

06/29/01 6:57 PM

#223 RE: LookingforInfo #221

Bloomberg had a report release on June 27 that stated (I paraphrase here) that the Navada court ruled that the receiver will stay in place indefinitely. Now, as best as I understand, Bloomberg is a paid-for service and is quite pricy. It may even be limited to only being available to investing firms and the like, I'm not sure; I just know I cannot get Bloomberg! Does not seem like universal disclosure of information to me. Us individual investors are at a HUGE disadvantage here and I do not like it at all. By the way, this story was released on Bloomberg around 8pm on June 27 and there was a lot of dumping by someone who knew there was negative info during the day on the 27th. Why in the world is this information being allowed out only to certain people? We do not get a chance to trade out our shares until after the select group gets to dump all their shares and drive the price way down. This is totally inappropriate and I agree someone at the SEC needs to look into this.
However, I think you are off base about Ting getting info we cannot get. I have watched him on these boards for over 8 months now and he merely is a wiz at knowing how to search the net and is kind enough to search for stuff to help us be as informed as possible. I wish you guys would get off his back because he has been the main contributor to the NTWK info search that stays level-headed and neutral as opposed to the hypsters and the downtalkers that make these boards so very colorful and interesting, but not always instructive or accurate. I desperately need the info Ting works to dig up, noone else is willing to give it to us. And NO, I'm not Ting under a different alias, believe me.