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Gold/Mining/Energy : Net Shepherd Inc. (WEB) on ASE -- Ignore unavailable to you. Want to Upgrade?

To: Claude Cormier who wrote (628)	11/29/1999 1:12:00 PM
From: Crazy Canuck	Read Replies (1) \| Respond to of 1252

Claude, I am still reviewing these announcements. There is just so much in them, that I really don't know what this means short term. Long term it may be the best thing that could have happened. I need the company to explain the nuances of it before I make up my mind. Crazy Canuk

To: Claude Cormier who wrote (628)	11/29/1999 2:31:00 PM
From: Denise D	Read Replies (2) \| Respond to of 1252

Claude, I'm still going over the announcement and putting together the pieces... I presume the complexity of the deal is the main reason for the teleconference later today. Right off the top, I believe the appointment of Jan Baan as Chairman is quite a coup. The way I read it is: $51.8 million ($27.8 cash and services plus $24 million for the private placement) for 36 million shares in total: - 28 million shares is for Clickchoice.com. And hey, they may not have revenues yet (like they'd be the first), but there is a company there, with management and products on the way (www.clickchoice.com). - 8 million shares in the private placement, in consideration of the 27.8 million cash and services. Heck of a deal for Net Shepherd I think. I'd give Vanenburg preferential treatment too! Denise.