Battle of the Titans. Here is a good one Mr. Burns. Veritas spams the press release and tells everyone to contact them. In the original release it says to contact Dirks. Sounds like a battle for superiority except once again Veritas spams the email and does not disclose their name or the amount they are compensated. I also do not see in ZSUNs SEC filing Mark Harris mentioned at all. Maybe I should call InterPole in Australia and see if they have ever heard of him back in 1994. He was in the S & P filing but was not in the SEC filing. We need answers. The best one though is they did a quick cut and paste job to hype the stock and forgot to change the disclosure at the bottom on Veritas's Spam e-mail. Take a look
"Note: Any statements released by Cytation.com, Inc. that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995."
Subj: ZSUN PR - Nov. 19/99 - Strong Buy Issued on ZiaSun
Date: 11/19/99 5:29:01 PM Eastern Standard Time
From: anthony@vericom.ca (Anthony Zelen)
To: xxxxxxxxxxxxxxxxxxx(xxxxx)
Strong Buy Issued On ZiaSun Technologies by Security Capital Trading
Near-term Price Target over $15 Per Share with Long-term $30 Price Target
SOLANA BEACH, Calif.--(BUSINESS WIRE)--Nov. 19, 1999-- ZiaSun Technologies, Inc (OTC BB: ZSUN - news), a profitable Internet holding company, today reported that the New York-based brokerage and analyst firm Security Capital Trading, Inc. initiated coverage of the Company with a strong buy recommendation.
The analyst report issued a near-term target price above ZiaSun's 52-week high of $15 per share. Security Capital Trading also reported a long-term price target of $30 per share, or, according to the report, "roughly 4 times 2001's projected Revenues."
The coverage of the Company highlighted several areas of its operations as well as ZiaSun's focus on Asian demographic markets, explaining some of the growth trends existing in these industry sectors. The report also stated that "...ZiaSun has captured an early (and in some markets, a dominant) lead as the portal-of-choice in accessing Far East markets."
In addition to noting that ZiaSun has "...strong fundamental operating results, a debt-free balance sheet, and more than ample working capital (in excess of $5 million),'' the Security Capital Report also made several projections regarding the Company's top and bottom line results - including the following statement:
"For the full 1999 year, we forecast $26 million in Revenues, reflecting a very strong fourth quarter, and EPS of $0.20. Beyond, we project Revenues more than tripling in 2000 to $90 million (then, doubling in 2001 to $180 million), with EPS increasing 2.5 times in both 2000 (to $0.60) and 2001 (to $1.50). These robust gains reflect the momentum initiated this year with each business unit more aggressively cross-selling."
For more information or to request a detailed Investor Package, please contact Investor Relations at (800) 773-7317.
Note: Any statements released by Cytation.com, Inc. that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may affect the Company's business prospects and performances. These include economic, competitive, governmental, technological and other factors discussed in the statements and in the Company's filings with the Securities and Exchange Commission.
Disclaimer: This transmission was intended only for the party or parties to whom it was directed. If you have received the transmission in error or by other means, it must be destroyed and by no means circulated, copied or otherwise duplicated without the express permission of its author(s). Nothing in the contents transmitted should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have positions in the stocks or financial relationships with the company discussed and may trade in the stocks mentioned. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock. All information should be considered for information purposes only. No stock exchange has approved or disapproved of the information contained herein.
----------------------- Headers --------------------------------
Return-Path: <anthony@vericom.ca>
Strong Buy Issued On ZiaSun Technologies by Security Capital Trading
SOLANA BEACH, Calif.--(BUSINESS WIRE)--Nov. 19, 1999--
Near-term Price Target over $15 Per Share with
Long-term $30 Price Target
ZiaSun Technologies, Inc (OTC BB: ZSUN), a profitable Internet holding company, today reported that the New York-based brokerage and analyst firm Security Capital Trading, Inc. initiated coverage of the Company with a strong buy recommendation.
The analyst report issued a near-term target price above ZiaSun's 52-week high of $15 per share. Security Capital Trading also reported a long-term price target of $30 per share, or, according to the report, "roughly 4 times 2001's projected Revenues."
The coverage of the Company highlighted several areas of its operations as well as ZiaSun's focus on Asian demographic markets, explaining some of the growth trends existing in these industry sectors. The report also stated that "...ZiaSun has captured an early (and in some markets, a dominant) lead as the portal-of-choice in accessing Far East markets."
In addition to noting that ZiaSun has "...strong fundamental operating results, a debt-free balance sheet, and more than ample working capital (in excess of $5 million)," the Security Capital Report also made several projections regarding the Company's top and bottom line results - including the following statement:
"For the full 1999 year, we forecast $26 million in Revenues, reflecting a very strong fourth quarter, and EPS of $0.20. Beyond, we project Revenues more than tripling in 2000 to $90 million (then, doubling in 2001 to $180 million), with EPS increasing 2.5 times in both 2000 (to $0.60) and 2001 (to $1.50). These robust gains reflect the momentum initiated this year with each business unit more aggressively cross-selling."
For a complete copy of the report on ZiaSun Technologies, please contact analyst Raymond L. Dirks' staff at Security Capital Trading by phone at 888-305-0050.
ZiaSun Technologies, Inc. is a leading Internet holding company focused on e-commerce and specialized online support services within Asia and other international markets. The Company's Internet offering includes Asia4Sale (www.asia4sale.com), AuctionAsia (www.auctionasia.net), MEDIAhits (www.mediahits.com), Momentum Asia (www.momentumasia.com), Momentum Finance (www.mfinance.com - a top 100 financial website), Momentum Internet (www.momentumplus.com), Online Investors Advantage (www.i-advantage.com), PINmail (www.pinmail.com), Search Dragon (www.searchdragon.com), ServiceLive (www.servicelive.com) and Swiftrade (www.swiftrade.com).
Note: Any statements released by ZiaSun Technologies, Inc. that are forward-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements invoke risks and uncertainties that may affect the Company's business prospects and performance. These include economic, competitive, governmental, technological and other factors discussed in the statements. Readers should also note that the Company does not endorse any statements made within this release by third parties, and only provides such statements for informative purposes.
CONTACT:
OTC Financial Network
Geoffrey Eiten
800-230-3519 / 781-444-6100 ext. 13
geiten@otcfn.com
www.otcfn.com/zsun
or
ZiaSun Technologies
Mark Harris, VP of Investor Relations
858-350-4060
mark@pinmail.com
www.ziasun.com
KEYWORD: CALIFORNIA
BW1277 NOV 19,1999
10:21 PACIFIC
13:21 EASTERN |
