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Technology Stocks : Zapata (ZAP)

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To: Sherry McGregor who wrote (1028)1/16/1999 9:24:00 AM
From: re3  Read Replies (2) of 1206
 
Hi Sherry, thanks for the kind words. I dumped ZAP this week, to buy KTEL, then I panicked about KTEL and sold 2/3 of my holdings there...

I agree,I thought zap could'a been something. Think the name is pretty good...and people love games...

That Barrons routine bugs me, first its a buy @ 18, then when its 6 or 7 bucks they do a 180. Lucky me I held to at least pare my losses. Think I got about 12 for it...And that ain't bad...

I guess barrons is yet another contrary indicator...

I was worried if I sold, then Glazer would make his move, but I think its all smoke and mirrors. Funny though, the other businesses may have some value and under 10 it may be a buy anyway. I have learned though, if you smell any crap from the CEO's , get out, even at a loss...

Thanks again for your kind words...what are you buying now ?

Howard

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