Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Adelle who wrote (35965)	4/23/1999 3:55:00 AM
From: SMALL FRY	Read Replies (1) \| Respond to of 120523

NSOL <NEWS> - Asensio and his Short Company is at it again... they've really latched on NSOL as their bastard child... he is still trying to drive it down... but everytime he issues this so called news the stock pops up... it sounds good but misleading in a way. ====================================================================== NEW YORK, April 22 /PRNewswire/ -- The following is being issued by Asensio & Company, a member of the National Association of Securities Dealers, CRD number 31742: The U.S. Department of Commerce ("DOC") has limited the registry fee Network Solutions, Inc. (NASDAQ:NSOL) can temporarily charge the ICANN accredited test bed participants to no more than $9 per domain name. NSOL must still comply with the cost plus reasonable profit requirement contained in Amendment 11, which controls registry pricing. The DOC has stated that it has not found or agreed that the $9 price conforms to Amendment 11. NSOL has only received DOC authorization to operate the registry for the 60-day Phase I deployment period. The DOC's stated objective is to terminate NSOL's contract as soon as possible but in no case later than September 30, 2000. ICANN was designated as the DNS regulator to facilitate the termination of NSOL's entire contract. Yesterday's development significantly increased the certainty that NSOL's entire contract, including its temporary control of the registry, will be terminated in accordance with the DOC's plans. It is most important to note that the test bed participants are being asked to pay $18 up-front for 2 years of registry services. However, NSOL's temporary registry agreement with the DOC is only for 60 days. We believe this shows that Amendment 13 is a clumsy but expeditious step towards early full termination of NSOL's obstructive contract. 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 asensio.com. Asensio & Company is actively engaged in short selling and advises its clients on securities it believes are grossly overvalued. Asensio & Company has issued a research report on Network Solutions with a Strong Sell and Short Sell recommendation. The firm's published NSOL reports are available on Asensio & Company's Internet home page located at asensio.com. This report should not be construed as an offer to sell or solicitation of an offer to buy any securities. Opinions expressed are subject to change without notice. This report has been prepared from original sources and data which the Company believes to be reliable but accuracy is not guaranteed. This research report was prepared by Asensio & Company, Inc. whose stockholders, officers and employees may from time to time acquire, hold or sell a position in the securities mentioned herein. Asensio & Company, Inc. may act as principal for its own account or may sell or buy to or from its customers the securities described herein. Asensio & Company, Inc. may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any company mentioned in this report or its affiliates. SOURCE Asensio & Company, Inc. -0- 04/22/99 /CONTACT: Manuel Asensio of Asensio & Company, Inc., 212-702-8800/