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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: MaryinRed who wrote (29300)	4/12/1999 11:12:00 AM
From: SoccerMom	Read Replies (1) \| Respond to of 122087

Maryinred, NSOL: This article just came over Yahoo. . .thought you might be interested since you're long. ********************************************************************** biz.yahoo.com Monday April 12, 10:00 am Eastern Time Company Press Release SOURCE: Asensio & Company, Inc. Asensio & Co.: NSOL Forced to Reverse Attempted InterNIC Takeover NEW YORK, April 12 /PRNewswire/ -- The following is being issued by Asensio & Company, a member of the National Association of Securities Dealers, CRD number 31742: Last Friday, April 9th, after the close of trading, Network Solutions, Inc. (Nasdaq: NSOL - news) reestablished an InterNIC web site, which it had eliminated two weeks ago. U.S. taxpayers paid for the development of the InterNIC web site. InterNIC is a registered service mark of the U.S. Department of Commerce (''DOC''). The InterNIC site allowed access to Internet domain name availability and registration services separate from NSOL's registration site. After eliminating InterNIC, NSOL used the InterNIC's web address to take visitors directly to its own registration site. NSOL did not obtain permission from DOC, and has no known authority, to have eliminated InterNIC and redirected InterNIC traffic to its own site. The DOC immediately objected to NSOL's actions. We believe that Friday's action is highly damaging to NSOL and that NSOL must restore a fully-functioning InterNIC registration site or face further government response. The unauthorized use of U.S. government property by a government contractor is a serious offense. NSOL's willingness to take such a dangerous risk, especially during the difficult ongoing price negotiations for the provisional registry, may indicate that it has exhausted all other tactics to delay the scheduled termination of its entire domain name government contract. Mechanisms for the orderly termination of NSOL's contract are already in place. We know of no legal, operational or technical complications that prevents the DOC from simply transferring all of NSOL's functions to another party. NSOL's InterNIC actions reflect poorly on the possible outcome of NSOL's termination. Asensio & Company, Inc. is a New York based institutional investment bank specializing in corporate valuations and equity research. Asensio & Company also specializes in investigating fraudulent stock promotions and publishing research on grossly overvalued companies. A complete documented history of Asensio's published work with fraudulent securities transactions is available on the Internet at www.asensio.com. Asensio & Company is actively engaged in short selling and advises its clients on securities it believes are overvalued. Asensio & Company has issued a research report on Network Solutions with a Strong Sell and Short Sell recommendations. These reports are available on Asensio & Company's Internet home page located at asensio.com. SOURCE: Asensio & Company, Inc. More Quotes and News: Network Solutions Inc (Nasdaq:NSOL - news) Related News Categories: computers, ISDEX