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Microcap & Penny Stocks : Zia Sun(zsun)

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To: Sir Auric Goldfinger who wrote (8300)6/14/2000 3:20:00 PM
From: StockDung   of 10354
 
"We have seen an almost identical and idiotic analysis by Meatloaf a month ago. IMHO, Meatloaf is one of Ray Dirks? lieutenants."

By: frisky
Reply To: 22680 by Miggzy Wednesday, 14 Jun 2000 at 2:18 PM EDT
Post # of 22687


We have seen an almost identical and idiotic analysis by Meatloaf a month ago. IMHO, Meatloaf is one of Ray Dirks? lieutenants.

If you can recall, Ray Dirks issued a strong buy recommendation for ZSUN on November 19, 1999. He forecasted that ZSUN would achieve $90 million revenues in 2000 and $.60 EPS. For unknown reasons, he lowered his estimate to $60 million and $.25 EPS. He forecasted 12 month target price of ZSUN to $15 on 11/19/2999. After 6 months, ZSUN sank from $11 to $6. This time he raised the target price to $30 within 6 to 9 months. What will be ZSUN?s real price after 6 months? Judging from the past history, ZSUN?s future price will not be promising after Dirks? recommendation. It is very hazard for your wealth, if you follow Dirks? recommendation.

I have not posted here for two weeks. ZSUN stock sank from $7.25 to $6.125.

ragingbull.com
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