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

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To: JOHN WHITE who wrote (2939)3/6/1998 8:22:00 PM
From: JOHN WHITE  Read Replies (1) of 18444
 
While we are not privy to so many of the facts concerning this company I believe there are bits and pieces to be gathered so as to identify some positive trends - if that's what one is after.Let's look at what we can easily believe are some probable truths:

(1) Softbank Interactive closed down its European Operation.( I suspect this was going to be a bigger drain on cash flow than originally thought to be ).

(2) Top echelon cut from SIM shortly after acquisition.( Saving NETZ big salaries and headaches - ala Andrew Batkin )

(3) Chicago and Australia operations closed.(Can of worms gone)More cash flow saved.

(4) Universal Commerce deal aborted. It's possible UC isn't needed if NETZ has decided to refocus its business in another area.( Several million cash and stock retained )

While we don't know for sure it looks like NETZ is saving its resources to focus on growing what's most profitable.
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