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Microcap & Penny Stocks : NTWK OTC BB Netsol International Inc (Formerly MGHI)
NTWK 4.230-3.6%9:30 AM EST

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To: DevilishCharm who wrote (35)12/29/1999 2:02:00 PM
From: Oak Tree  Read Replies (1) of 181
 
This may well be a short stock. They have about 100 programmers and engineers, a yearly collections of about 1.3M, and a 0.7M loss for the year. How to you pay 100 programmers for 2.0M, even in india. Anyway they don't even have 2.0M since they only made 1.3M. There are 7M shares at $18 each. This company is being valued at $130M just because they got a conditional NASD listing.
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