Zulu-tek, Inc. (ZULU) Message Board

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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU)

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To: Jon Tara who wrote (13795)	9/11/1998 11:42:00 AM
From: wlcnyc	Read Replies (2) of 18444

Jon, Let me take a stab at it! Your Statement: <i<How is it that a $27M deficit can be accounted for "mostly" by a $9.5M write-off? How is $9.5M "most" of $27M - I thought that "most" meant "quite a bit more than half". Is this adorning the truth? Their Statement: "The deficit resulted primarily from the decision to write off over $9.50 million in good will, ammortization, and to fully reflect the liabilities incurred by SIM during the period." My Comments: The word they used was actually "primarily!" The last sentence above COULD mean $9.5 million in good will AND amortization AND liabilities! In other words, the 9.5 million could be in good will alone! No? Bill

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