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To OTC Journal Members:

Houlihan Smith & Co Issues Buy Recommendation on NTWK with a $6 Price Target

Today we were informed about an exciting development concerning NetSol International (OTC BB: NTWK).  Research coverage of the stock has been picked up by the Mid-West Invewtment Banking Firm of Houlihan Smith & Co.

D. Grey Merriman, analyst for the firm has written an Institutional quality research report with a full earnings projection model and comparatives to existing public companies.

Houlihan Smith & Co has issued a Buy Recommendation on the stock, with a price target of $6, nearly a double from its current levels.

We have done some homework on behalf of our members, and here are several links to help you do your own follow up research on this new development.

You can learn more about this brokerage firm by going to their web site at http://www.houlihansmith.com.  The biographies of their management can be found at http://www.houlihansmith.com/index2.html.

Most importantly here are two links which will open a web page with the entire research report on it:

• Click Here for Research Report
• Here is the direct link: http://www.houlihansmith.com/netsol.htm

Houlihan Smith & Co. just issued this Research Report yesterday.  They have not begun to circulate it amongst their institutional following.  We have also been informed that their earnings projection and their BUY rating will appear at both First Call and IBES, two institutional research services.

This stock truly looks poised for higher levels.  Management informs us that they are on track to achieve $15 million in revenues this year, up from $5 million last year.  This is the first brokerage firm to institute coverage which bodes well for early investors.

Please read the entire research report before making any investment decisions.  Always invest carefully because, remember, it's your money.

• 1st Net and InterVu Audience Manager Software
• InterVu EyeQ Multimedia Manager

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