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

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To: OtherChap who wrote (2660)3/3/1998 7:27:00 PM
From: RocketMan   of 18444
 
>i've only held one stock in my life when it was permanantly
halted, but let me tell you, there's no worse feeling in
the investment world

Have to agree with you on that. I held one 20 some years ago that was making a killing, but held it just one day too long. Put in a sell order, but trading had been halted by the SEC. Ouch!

I don't know if that will happen here, nor do I know how solid or loose NETZ is. All I know is that I had some doubts, and the Wired article greatly increased my worst doubt, that the books may be cooked. So I am out of this stock. Good luck to those of you still in, and hope you make a million. However, there are plenty of companies out there without these kind of problems.

I find it interesting that with the company I had that was stopped, everyone kept believing in the company until the bitter end. Some believed even after that, and accused the SEC of playing a heavy hand. Sort of like the OJ thing. JMHO. Best of luck.
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