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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)

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To: CWIII who wrote (4779)3/25/1998 4:55:00 PM
From: aleta   of 18444
 
Oh boy, I've been trying to stay out of this until we have the financials. I can tell you my honest opinion, which amounts to nothing more then speculation.

why is Wired the only one reporting this info. about ZULU????

I think for two reasons. One is fact, two is speculation.

1. They report on companies that are involved in the internet.
2. Maybe someone they just hired gave them a hot tip on a good story.

In either case, IMO, Wired is reporting factual information. I don't believe they are going to leave themselves open for a lawsuit.

I have tried to find other info. on this Hayton guy and I seem to keep coming up empty.

I consider myself pretty good when it comes to using a search engine. I searched for information using, Waterford Investment, the English company in which Hayton is involved. I found only limited references to Hayton in some old news releases pertaining to Nevada Energy (Powertel USA)(PTUSA). IMO, again speculation, when one is not altogether on the up and up, one tends to try and hide behind a lot of smoke and mirrors.

do you think we will see the fin. in the allotted time that's been given ZULU?????

I honestly don't know. According to the ESVS 8k, they have to provide them by April 30, 1998. I'd say we'll all know if this is a company that is on the up and up between now and then.

I understand why those who have bought in at a higher rate are trying to maintain a positive outlook. I been in the same type of boat myself before. It's not a good feeling, but I have never tried to encourage non investors to join me when there are still too many unanswered questions. That is why I have a problem with certain investors on this board.

I'm not trying to tell anyone what to do, but my suggestion to people thinking of buying this stock right now is to wait until financials come out. If they come out at all, it will be sometime between now and April 30. If you think it's a good investment now, it will still be a good investment then, with less risk IMO.

Aleta
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