Kay, I don't think that web advertising is in trouble either. It's still in an infancy stage of growth and can only grow larger as the entire world gets more and more online. And advertising is very much a nature of the beast. Moreover, it's a highly manipulative industry, as you can tell from reading some of these stock discussion threads.
Conclusion? We will see much online advertising down the road.
I vehemently disagree with Jon Tara's remarks regarding Zulu. I think Zulu, and the others, each have a unique opportunity to become major players within the online advertising industry. Zulu would not have been able to sign onboard a gentlemen from Disney and Hodes Advertising, were Tara's remarks true.
You know what? Tara knows this!
It's just that, for whatever reason, he's assigned the challenge to oppose Zulu every single step of the way. This is obvious to anyone who reads this thread with any regularity.
NEW SUBJECT:
From the jump link your post provided, I searched further and found the below Rueters tidbit, relative to Zulu buying Softbank Interactive Marketing (SIM).
What I find interesting about this piece is that it gives a hint as to what Zulu might have paid to acquire SIM: Four- to eight-million.
Now, previously it had been reported that Zulu had a 20-million dollar acquisition fund. Therefore the following question: Where will Zulu spend the rest of this money, and the additional savings it gets from cost-cutting and consolidation moves that have been undertaken? And has this money been instrumental in cutting the deal with ESVS in order to leapfrog onto Nasdaq?
Here is the Reuters tidbit:
06:15a
Softbank to sell U.S. Internet unit to Zulu-Tek
Japan's Softbank Corp. said on Thursday it would sell
its U.S. Internet advertisementmarketing unit to
Zulu-Tek Inc, a New England-based Internetcompany.
The California-based U.S. unit, Softbank Interactive
Marketing Inc, currentlyemployed about 90 people, a
Softbank spokesman said. Terms were not disclosed,
but the NihonKeizai Shimbun daily said it was for
between $4 million and $8 million. -- Reuters
05:50a |
