On October 17 2008 Council Member Gale A. Brewer (D-Manhattan), Chair of the NYC Council’s Technology in Government Committee, held a hearing regarding the City’s interest in a unique .nyc Top Level Domain (TLD). As we maybe familiar (from his earlier presentation – www.isoc-ny.org ) Tom Lowenhaupt has for some years been spearheading a local community-based effort – connectingnyc.org – to acquire the .nyc TLD on behalf of the city. At the ICANN meeting in Paris in July the road was cleared for a new round of applications starting early in 2009. Other cities such as Paris and Berlin are also actively pursuing TLDs. There was still some uncertainty as to cost, and also to procedure, particularly if there were more than one applicant. While in general new TLDs were to go to the highest bidder, ICANN let it be known that, in the case of municipal applications, preference would be given to applicants approved by the local authorities. Thus Council Member Brewer sponsored Resolution 1495-2008 that urged ICANN to approve such an application, and this hearing was held where the applicants, and the public, could comment. Tom gave his presentation, with comments from Hannah Kopelman his resident advisor, and Michael Palage, his ICANN advisor. Council Member Bill DeBlasio sharply questioned the need for any external body to run the domain – rather then the City itself. Dr. Frans Verhagen made brief comments on the sustainability benefits of a TLD. Then came Paul Garrin of name …
NTWK is still in an overall downtrend, but holding a base and making slightly higher lows at this point. Look for it to hold the base and challenge the 50dma to break through resistance. Please see our disclaimers www.disclaimer.qualitystocks.net
NTWKs trading has been in a solid channel recently. Is it presenting a buying opportunity on support? Watch the video and see why it may. Please see disclaimer www.disclaimer.qualitystocks.net
Welcome to The Daily Stock Report brought to you by QualityStocks, where performance is tracked daily. I’m Cathy Rankin, and for Monday August 25th we’re bringing you the latest news from around the markets. (HEADLINE NEWS) Today’s headline news are brought to you by Brite Strike Technologies, Inc. (BSTI.PK). Brite Strike Technologies, Inc. (BSTI.PK) was started by two police officers who believe the top manufactures of tactical lights do not meet the needs of police officers. The company is committed to using the very latest technology, while abiding to the highest design and manufacturing standards, so that policemen and consumers can rely on Brite-Strike products when they are needed. And now for a look at the Market news Quality Stocks is tracking… Market headlines are brought to you by Workstream, Inc. (WSTM). Workstream, Inc. offers businesses on-demand compensation, performance and talent management solutions and services that help manage their employees’ entire lifecycles from recruitment to retirement. The QualityStocks Daily Newsletter would like to recap a few of are big timers for the week. NetSol Technologies Inc. (NTWK). Founded in 1995, NetSol Technologies’ clients include Fortune 500 manufacturers, global automakers, financial institutions, technology providers, and governmental agencies. NetSol has more than 550 employees in locations in the United States, Europe, China, and Asia Pacific. And tha t’s our newsmakers, Stay tuned right here to …