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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)
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To: Joe Copia who wrote (3373)3/11/1998 12:26:00 AM
From: Stums  Read Replies (2) of 18444
 
As evident in this week's run-up of Internet stocks, investors are not buying on current or past earnings. Many of these Internet companies have yet to make money. AMZN doesn't expect to make money until next year. People/institutions are investing in potential knowing that the Internet, Internet advertising, Internet commerce is going to be a huge huge market. I have no idea as to how many billions.

I have the same concern as everyone on this thread about the financials. My first and only concern over financials is to prove to me that they are an operating company. Until Matty's field trip and this weeks press release, I was invested in NETZ and had no idea whether this was a viable company.

What are your reasons for wanting to see financials ? I am long in NETZ and I certainly do not expect to see them making money. They probably lost millions. Today's IPO (some Indy car company, symbol CPW I think) lost 21 million last year and traded over $20 today. I think the only reason to see financials on a BB stock is to prove that they exist and are not a scam. After the press releases, can anyone argue that they dont exist.

We are all getting worked up over a stock that trades for a fraction of April call options that I bought today. BBs are risky. The upside to NETZ is astronomical, the downside is minimal. If you view your investment or your future investment in NETZ as a call option with no time limit, I am confident that you will be comfortable with your investment. My main concern is how to minimize my commission.

Lets see some financials so the parties in this thread can get on with their lives.
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