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Technology Stocks : Zapata (ZAP)

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To: Ken M who wrote (376)7/22/1998 2:04:00 PM
From: RJC2006  Read Replies (1) of 1206
 
<<<The plan was to run up the value of there stock with hype and use its inflated value to buy the internet sites only problem it is not working and as soon as the few institutional investors they got involved lose a little more money they will dump there positions, as far as the article we are citing the author was sold a bill of goods and that is very evident to him now.>>>

As usual, wrong again. Zap doesn't need to do this nor would a successful company gamble in such a way and I think you more than realize that but it would not benefit you to admit it. The fact is they own very large stock positions (namely Omega and Envirodyne) in two other companies that would also figure into purchase equations. But for some reason you fail to mention that. If anything, the plan here is for you to run the stock down and I suspect that most are on to you. Usually guys like you talk short and buy long.
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