Zapata (ZAP) Message Board

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Technology Stocks : Zapata (ZAP)

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To: RJC2006 who wrote (1044)	1/27/1999 6:09:00 PM
From: Bootz	Read Replies (1) of 1206

What you're suggesting is mere conjecture. Zapata has already made their announcement of pending internet re-entry and it really hasn't brought them within the 24.00 high they experienced the first time around. Your theory is sound but unfortunately it will probably be just the ammunition that lawyers will need to beat them up with. Had they been more specific about their re-introduction then they may have stood a chance. Bob, The first time ZAP announced they put up a portal page. They last time they announced it was just that -- an announcement to put up another portal page. It's the portal page you gotta wait for before you see the bump in stock, which can't be too long in coming. Apart from the promised portal page and/or whatever, ZAP is trading pretty close to book value at the moment. If you're too depressed, do a click on company profile in Yahoo and then look under Management Effectiveness for the trailing 12 months. 28.3 under Return on Assets, and 40.47 under Return on Equity. Those aren't shabby numbers by anyone's standards. ZAP also has little debt and muy millions in the bank. I'd give 'em one more chance, but it's your money. Do your own DD. Bootz

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