To OTC Journal Members:

We hadn't planned on doing a special Monday night edition, but there were a couple of events that we learned about after the market closed today which were too exciting to wait on until tomorrow. We wanted this information on everybody's desktop before the market opened tomorrow. You might want to act on this information when the market opens to position yourself for profits. We always do our best to give our members a competitive investing edge.

Wednesday's edition will contain our third IPO Alert of 2000. The last two we featured both opened at nice premiums. The OTC Journal's IPO alert is different than any other on the Internet. When we feature an IPO you can get it. You will have to establish a brokerage account at the Lead Underwriter Brokerage Firm, but you will get to participate in the IPO if you wish. This is not just information on an IPO that you have to purchase once it is out and trading at a huge premium to the IPO Price. You can get in on the ground floor.
 

StockTalk Live Goes Live Tomorrow on the OTC Journal

If you have recently visited the home page of the OTC Journal you might have noticed a new button on the top of the right hand menu bar entitled "Live Level II Quotes- Stock Talk Live".  This section goes live tomorrow in Beta Version, and this is the first free service of its kind on the Internet.

This application will give you the first Live, Real Time, Dynamic Monitor Grid on the Internet available for free. This means that once you have gone through the registration process and established your login and password, you can go to the web page and set up your own stock monitor grid which will give you live, real-time, dynamic quotes. The stock prices will change dynamically on your screen! Nobody is offering this for free. There are many places you can go for a static quote. You then have to hit your refresh button to get a current quote. This is basically useless in a moving market. More details on using this service in the next weekend edition. Tell your friends if you are competing in the referral contest- this is a great tool for investors.
 

Pawnbroker.com (OTC BB: PBRR)- A Major Breakthrough

We know many of our members own Pawnbroker at considerably higher levels than today's closing price, held over from its prolific run to the $17 level back in mid March. Tomorrow before the market opens Pawnbroker.com will be making a major news release which will ease many investors minds about the future of the company.

The news release will reveal that Pawnbroker.com has signed an Investment Banking Agreement with Ladenberg Thalman, one of Wall Street's most prestigious boutique investment banking firms. Furthermore, the company will reveal that in conjunction with this new relationship, one of Ladenberg Thalman's institutional clients will provide the company with a $25 million equity line of credit that Pawnbroker.com can draw down on as funds are needed for corporate purposes and the major media blitz that is planned for the coming Holiday Retail Buying Season.

We believe that this news will finally turn this stock back in a positive direction after three months of attrition. All the negative publicity about the "Dot-Com" companies running out of money before they can deploy a successful business model has investors selling shares of companies like Pawnbroker.com at ridiculously low levels. This news insures that the company will have enough capital to prove their business model will work. 

We believe in this company's future and feel that they will eventually prevail. There are over 200 million items for sale in Pawnshops just in the US, and shoppers will love the bargains once they learn about the site. Furthermore, merchandise on the Pawnbroker.com site goes down in price, not up as on Ebay. Bargains will be abundant. They have also developed some outstanding B to B software for their industry.

In our view the most important feature of tomorrow's news release is not the financing. The investment banking relationship with Ladenberg Thalman is far more substantive. This is type of brokerage firm that could eventually raise $50 to $100 million on behalf of this company once they prove that their business model works.

This is our first indication that Wall Street is prepared to embrace this company should they eventually prove out. Investors should be taking a hard look at the stock at today's levels. In our opinion, the stock is ridiculously oversold.

Senior management at the company informs us that one of their priorities to file an application for a NASDAQ listing as soon as they qualify. The new equity line of credit will help achieve this along with price appreciation in the stock. We are hopeful that they can file before the end of the summer.

Don't forget to review our cautionary rules on trading gaps on the open. You can find that section on our home page under the section entitled "OTC BB Stats". This stock will probably gap up at the open, but this is one that might not come back down and fill the gap because it has dropped to such a ridiculously low price. We are working on a new section for our site on trading strategies for micro caps. We will inform everybody once it is posted.
 

NetSol International (NASDAQ: NTWK)

Big news on NetSol International today after the close. This is our best profile of all time, and we still love following this company's progress.

The stock is highly controversial right now. The price swings are very dramatic and not for the faint of heart. The price of this stock is like the weather in Montana- if you don't like it wait five minutes.

To give you some of idea of the volatility in the stock, here are some recent closing prices:

• 4/6/00- $64
• 5/3/00- $50
• 5/19/00- $18.125
• 6/29/00- $46.6875
• 7/6/00- $21.31
• Today- $26.31

The extremely small public float creates the tremendous volatility in the stock. There are very few shares being fought over in the open market, and both bids and offers tend to disappear quickly.

Today's news has not been widely circulated, and therefore gives you a competitive investing edge. Today, at about 4:00 Pacific Time, we learned from our own due diligence that NetSol International has been added to the Russell 2000 index. New companies added to the index were just revealed today.

This will inevitably bring additional buyers into the stock as some fund managers will be required to add the stock to their portfolios. Others will choose to do so voluntarily. We have no idea how to quantify this event, but we know it is technically positive for the stock. 

We are very pleased to report this development. We started covering this company on January 15, 1999 at $3.81 when it was trading on the OTC Bulletin Board. Today the company was added to the Russell 2000, widely considered to be the hallmark index of small cap stocks. Ask yourself how many microcap companies have been featured in microcap newsletters that found their way from $3.31 to $75, and onto a major index. Not every company we feature will work out, but finding the occasional NetSol International before anybody knows about it can be very satisfying.

THE READER SHOULD VERIFY ALL CLAIMS AND DO THEIR OWN DUE DILIGENCE BEFORE INVESTING IN ANY SECURITIES MENTIONED. INVESTING IN SECURITIES IS SPECULATIVE AND CARRIES A HIGH DEGREE OF RISK. THE INFORMATION FOUND IN THIS PROFILE IS PROTECTED BY THE COPYRIGHT LAWS OF THE UNITED STATES AND MAY NOT BE COPIED, OR REPRODUCED IN ANY WAY WITHOUT THE EXPRESSED, WRITTEN CONSENT OF THE EDITORS OF OTCjournal.com.

We encourage our readers to invest carefully and read the investor information available at the web sites of  the Securities and Exchange Commission ("SEC") at http://www.sec.gov and/or the National Association of Securities Dealers ("NASD") at http://www.nasd.com.   We also strongly recommend that you read the SEC advisory to investors concerning Internet Stock Fraud, which can be found at  http://www.sec.gov/consumer/cyberfr.htm.   Readers can review all public filings by companies at the SEC's EDGAR page. The NASD has published information on how to invest carefully at its web site.