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

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To: PartyTime who wrote (14977)10/26/1998 1:07:00 PM
From: PartyTime  Read Replies (1) of 18444
 
By the way, the below is the same group that brokered the Softbank/Zulu-tek sale:

Report: $6.5 Billion in Online Ad Spending in 2002

[October 23, 1998] Veronis, Suhler & Associates released the 12th annual Communications Industry Forecast, which predicts that advertising spending growth will be paced by a ramp-up in online advertising, from $906 million in 1997 to $6.5 billion in 2002.

The forecast does not expect that 1997's robust growth in communications spending can be maintained, but does not anticipate a recession. Based on the fundamental health of the U.S. economy, reflected in near-full employment and historically high income levels, Veronis, Suhler expects Americans to maintain their strong appetite for media and entertainment. Consumer spending growth particularly is seen as particularly strong for cable television subscriptions, other subscription video services and online services.

Full article: Mecklermedia's Internet Advertising Report
internetnews.com

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