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

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To: I Am John Galt who wrote (5472)4/7/1998 11:18:00 PM
From: PartyTime  Read Replies (2) of 18444
 
Well, concerning Lair's announcement to the board of ZuluMedia, remember the press release mistakenly did not include the ticker symbol, therefore it wasn't properly disseminated.

By the time California (Zulu headquarters) got to work and discovered the need for a correction to the release, the stock already had dived six pennies. Once the announcement became clear to investors, NETZ closed down only one penny. This announcement did not have the benefit of a full day's notice. Once notice was clear, it went steadily upward. I'm still champing my bit over that one. My friends noted my anger at this. It was not a good day.

But, Matty, don't make the matter worse by distorting the facts. Had the announcement been properly formated, the announcement of ZuluMedia and Lair's appointment to its board would have caused a gain of seven or more pennies. So it's not quite as you describe it, Mr. Naysayer.

Call up Mr. Burgess, a VP; call up Mr. LaBarge, a VP, Call up Mr. Rogers, CFO, call up Mr. Lair CEO--they will all tell you that Hayton's not running the show. Stop saying he is!

I find it incredulous you really think that Lair, who already has a distinguished career of business accomplisments, is going to play second-fiddle to the guy who only buys drinks and introduces people? (presumption on my part)

Why don't one of you--who've got more money me--try and get a check cut from NETZ. Officially correspond with the company. Do you really think you're going to find Hayton's name on the check? In fact, show me any company document--since Lair has come on board--that has Hayton's signature. YOU CAN'T DO IT!!!

I almost wish they'd sue some of you folks who are spreading false and malicious rumors about NETZ. It sickens me and creates a lot of unnecessary work for those of us who find value in this company.

And yes, Matty, there's a couple of people who will agree with you. Wouldn't you, if you were intending to buy back into this stock, want the price to be as low as possible before the financials are released? When they do come out, and you're quick enough because you follow, you therefore won't have to pay and arm and a leg to get back in. Does anyone find this scenario plausible? I do.
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