Net Shepherd Inc. (WEB) on ASE Message Board

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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE

WEB 27.99

0.0%

Oct 11 5:00 PM EST

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To: Condor who wrote (550)	11/14/1999 9:37:00 AM
From: Len Hynes	Read Replies (1) of 1252

Condor, you have done all of us a very thoughtful deed with your poignant accolade to Crazy Canuk.I am certain that there is unanimity among us that CC's diligent and thorough research has enabled us to keep the faith and "stay the course" in this great Company.While it is still early, it appears that WEB is ready to capture the broad investment interest of investors searching for prime-movers in Internet-based community solutions and business intelligence.With this awareness should come increased shareholder growth and much higher share prices. I am attaching a brief article from "Perspectives", an on-line newsletter which features stocks that are showing good technical potential: Net Shepherd (WEB) ASE Stockscore - 66 Rating - Optimistic Reference: netshepherd.com - more than the story, I want to discuss the chart and this past week's trading on Net Shepherd as it demonstrates the best situation to bottom fish a stock. Stocks that are in steep downtrends often attract bargain hunters, but it is difficult to know the best entry point. The simple question is, when is the downtrend over and the uptrend beginning? To help answer this, go look at a chart of Net Shepherd. The stock broke the downtrend on October 5th, but then went into a consolidation pattern for about a month. What is important to note is that the consolidation was higher than the most recent low, forming what is called a rising bottom. For bargain hunters, look for stocks that are starting to trade bigger volume and are making breaks from these rising bottoms. WEB did that on Wednesday, closing at $3.20. It ended the week at $3.89 and looks like it can move toward teh $4.50 range in the near term. Again to CC, we thank you for your infinite contribution in keeping us informed of the ongoing potential and developments of this Company...I would think that the management crew at Net Shepherd is equally grateful for your diligent work.

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