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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE
WEB 27.990.0%Oct 11 5:00 PM EST

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To: Denise D who wrote (524)11/10/1999 6:24:00 PM
From: Barry K   of 1252
 
Denise,

Well I am certainly excited about the recent activity surrounding Net Shepherd. The announcement of a new company focusing on Business Intelligence was exciting enough by itself, but to have David Herman head the company as CEO is simply astounding! Mr. Herman has a very impressive background in this market, serving most recently as a Partner within Dun & Bradstreet. D&B is the leading provider of business-to-business credit, marketing, purchasing, and receivables management and decision-support services worldwide. D&B has a comprehensive database, which covers more than 53 million businesses in over 200 countries. Tell me that's not impressive!

And also there is today's announcement of NSI's invitation by the Vanenburg Group to participate in the BaanWorld 99 Exposition in Vienna, Austria this month. As NSI's CEO Don Sanford said in the news release stated "The invitation to Net Shepherd to attend this global, high-level event is a timely opportunity for us, because we have just completed the commercial commissioning of Version 2.0 of our Internet Community Management System (ICMS). This means that we are now 'open for business' for a variety of applications of this technology."

I for one have been sitting and waiting (sometimes impatiently) for the news we all knew would be forthcoming, and these announcements are right on target. A roadmap for NSI was released at the last AGM, and it was further reviewed by the management team to a group of us that met with them at the end of July. These announcements together with the completion of their technology development and the purchase of Answers.com from idealabs! show that the company has planned a solid business plan, and are well into the building of a firm foundation to effectively deliver an attractive business for us as investors.

It will only be a short while until NSI is listed on NASDAQ. When the rest of the US investors learn about this company and their model I am certain that we will really appreciate the fantastic buying opportunity that we have right now.

I'm glad that I have never sold a share of this stock, and I will look for opportunities to accumulate more as the days go by.

Barry
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