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Technology Stocks : Zapata (ZAP)

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To: Ken M who wrote (336)7/21/1998 2:32:00 PM
From: David Spruiell  Read Replies (1) of 1206
 
I saw them yesterday and thought there was huge support at 22 9/16. Sooo, I got in. Is it the market maker doing this? If it were that would fix the problem of someone dumping a huge sell order on to the buy order. The market maker could cancel to buy order before the transaction is filled.
Smells fishy to me.
Now the future. Any one seen any earnings changes posted for 1999? I would expect an increase.
Next topic: The book value of ZAP should be around $17/share according to CNBC last week.
Next topic: Analyst will tell everyone to sell when they are buying the stock and of course to buy when they are selling.

David,, long ZAP and losing
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