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Technology Stocks : Zapata (ZAP)
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To: OSCURO who wrote (8)12/14/1997 7:20:00 AM
From: PHarris  Read Replies (1) of 1206
 
Low P/E. Strong earnings. Stock has gone from $3 in January to current near $7. 2 acquisitions. Finished pull out of oil services. Better management. Are focused on one area now.
IMO. Now is an undervalued stock. But very little volume. Could be a steady rise in stock price.
Question: They did a stock buyback in September. So does that mean they used the money for the acquisitions?
I think it's a good stock for the long run.

Priscilla
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