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Technology Stocks : Zapata (ZAP)
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To: IceShark who wrote (159)7/13/1998 3:42:00 PM
From: Early Out  Read Replies (1) of 1206
 
Back in at 20. I still really like this story and I like the price for two reasons:

1) People are still dismissing this as a "fish-oil and sausage-casings" company. Once the internet part is spun off that part can be valued as a true internet play. I think people are only just now beginning to see this before it happens.

2) This isn't just a portal. It's a portal to sites they own, but it doesn't matter how I get there because they own the site. For example, I've been using DailyStocks every day and I will continue to do so. Whether or not I use ZAP.COM to get there, they've got my eyeballs.

On the downside, ZAP.COM is a lame site and is slow as a dog. But I look for that to improve, because even though they own the sites it would still be nice to have one nice front-end.

-jsc
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