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Technology Stocks : Zapata (ZAP)
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To: Bellvie who wrote (14)3/8/1998 2:18:00 PM
From: Jerry Held  Read Replies (1) of 1206
 
George Bush is has long since departed the scene, along with the company's profitability. After many changes in direction which included dumping the oil drilling service, they seem to be getting things together.

There was a stock split a few years ago, but it's the kind resulting in you holding fewer shares- a 5-1 reverse split.

Here's a link if you want to read a few news releases to get a better feel for the company's present direction.

biz.yahoo.com

I'll add that I work for Zapata's soon-to-be-spun-off Omega Protein, which is a marine products division, and a lot of the reason for the company's recent profitability. Uh, just for clarification, the division is doing well but not necessarily because I am a part of it.<g>
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