Zulu-tek, Inc. (ZULU) Message Board

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

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To: VBH who wrote (832)	2/22/1998 11:31:00 PM
From: OtherChap	Read Replies (3) of 18444

>And doubts about this company should have been eliminated >a few posts back when ZULU and DoubleClick were mentioned in >the same sentence... Wow! That's great investment advice! If two companies are listed in the same sentence, that means they are both great! Example: Apples market share is roughly 4%, whereas the Wintel market share is 96%. Using your logic, both are great buys! No doubts can be eliminated until this company reports SOME sort of financial data. They didn't even say how much they paid to purchase 65% of that softbank spin-off company. It could be 65 bucks for all we know. Did they also purchase that spin-off's debt? As we all know, the "big" softbank has billions in debt due to its spending spree. They've been selling off big blocks of Yahoo and lots of their other properties just to make payments on that debt. Remember, this shell did a 500:1 reverse split in its previous life. And that only got them a 15 cent share price!! That means this stock used to be worth a tiny fraction of a PENNY not too long ago. Do you want to be left holding the certificates if they decide to do something similar again? Ooops, those 10,000 shares you bought are now only 20 shares. With penny OTC:BB stocks, this stuff happens all the time. Once again, I am not short this stock. I'm certainly not long it either. It will be interesting to watch, however.

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