NTWK - NetSol Technologies, Inc. (NYSE Stock) - Page 4 - Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat

**BadThad** · #31 11-12-2007, 01:03 PM

This got caught up on the tech sell-off last week. They reported record revenue and profit, but that doesn't matter when the market's in a panic like last week. I'm thinking this is shaping up for another buy soon.

I sold my position to take profit last week because it was plunging. Keep an eye on this puppy, it will be back. ;)

Today's Price: $3.83

**BadThad** · #32 11-12-2007, 01:05 PM

A tidbit out today:

Quote:

NetSol Technologies (Nasdaq:NTWK) Current Price (4.37) www.AnalystResearchReport.com CALABASAS, CA--Nov 8, 2007 -- NetSol Technologies Inc. ("NetSol") (NasdaqCM:NTWK - News), a multinational provider of IT services and enterprise software to the financial services industry, today announced financial results for the fiscal first quarter 2008, ended September 30, 2007. Fiscal First Quarter 2008 Financial Highlights: Revenues increased 48% year-over-year to a record $8.7 million. Services increased 73% year-over-year to $5.2 million. License fees increased 21% year-over-year to $1.9 million. Maintenance fees increased 22% year-over-year to $1.6 million. Gross margin increased to 61% compared to 50% in the prior year period. Operating income improved to $2.2 million compared to an operating loss of $0.2 million in the year ago period. GAAP net income increased to a record $1.8 million, or $0.08 per share,versus a loss of $1.3 million or ($0.08) per share in the year ago period. EBITDA increased to a record $2.8 million, or $0.12 per diluted share. Full year fiscal 2008 organic revenue growth forecasted to be 25 percent to 30 percent above fiscal year 2007 levels. NetSol Technologies (NasdaqCM:NTWK - News) is a multinational provider of IT services and enterprise solutions to the financial services industry. By utilizing its worldwide IT design, development, quality assurance (QA), and project management resources, NetSol delivers high-quality, cost-effective portfolio management solutions for equipment and vehicle finance, as well as IT services ranging from consulting and application development to systems integration and development outsourcing. NetSol's commitment to quality is demonstrated by its achievement of both the ISO 9001 and SEI (Software Engineering Institute) CMMi (Capability Maturity Model) Level 5 assessments, a distinction shared by fewer than 100 companies worldwide. NetSol Technologies' clients include Fortune 50 manufacturers, global automakers, financial institutions, technology providers, and governmental agencies. Headquartered in Calabasas, California, NetSol Technologies has operations and/or offices in London, San Francisco, Adelaide, Beijing, Bangkok and Lahore, Pakistan.

**BadThad** · #33 11-13-2007, 10:37 AM

I bought back into this position today, it's just too attractive IMO....it's up about 6% this morning. It should come roaring back over this quarter.

Evil-Eye · #34 11-16-2007, 03:55 PM

Buy Opp? Down 10%.

**BadThad** · #35 11-16-2007, 04:12 PM

IMO, a huge yes. I'm unable to determine why this is going down like this. I looked and looked and looked again, company reports record profits, has all these good things going for it....and the stock drops? :confused: I bought too early but I never expected this.

Evil-Eye · #36 11-16-2007, 08:12 PM

Quote:

Originally Posted by BadThad

IMO, a huge yes. I'm unable to determine why this is going down like this. I looked and looked and looked again, company reports record profits, has all these good things going for it....and the stock drops? :confused: I bought too early but I never expected this.

Could be shorting?

**BadThad** · #37 11-19-2007, 01:05 PM

I never thought I'd see this stock under $3. This is a screaming bargin IMO! Do your DD and you'll understand why I'm so excited about this company.

Evil-Eye · #38 11-19-2007, 04:09 PM

Quote:

Originally Posted by BadThad

I never thought I'd see this stock under $3. This is a screaming bargin IMO! Do your DD and you'll understand why I'm so excited about this company.

The combination of the down market and light volume due to the holiday make for the sale. I still have about 30% cash but I am in no hurry to spend it.

**BadThad** · #39 11-20-2007, 03:13 PM

Well, I'm feeling that this stock is a great bargin so I picked up another batch at $3.00 today. I'll hold this puppy as long as I have to because I'm sure their next earnings report will again improve on the last.

perks · #40 11-21-2007, 10:42 AM

seems to have some support at the 2.85 range, trying to snag some at 2.95, seems too cheep not too!