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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Susan Saline who wrote (15487)7/29/1998 9:45:00 AM
From: DanZ  Read Replies (2) of 53068
 
ZAP.

Declared quarterly dividend of 7 cents this morning. This company is for real IMO and represents a very good opportunity to play the Internet at a big discount to other Internet stocks. The other areas of their business are also doing very well. Management is doing all that they can to changed the image that many investors have about the company and the dividend will go a long way towards helping in that regard. The TA looks very good as well as the chart made an ascending triangle with resistance at 23. If the stock closes over 23, I would look for a retest of the high near 25. If it moves through 25, who knows where it will end up, but I think it will be much higher than 25.

biz.yahoo.com

Dan
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