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Strategies & Market Trends : LastShadow's Position Trading

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To: Mao II who wrote (8051)2/8/1999 3:09:00 PM
From: Bootz  Read Replies (2) of 43080
 
ZAP ready to roll!

If you believe on buying on rumor and selling on news, now's the time to get in on ZAP. For the rumor, go to:

zap.com

The last time ZAP announced a portal page they ran from 6 1/2 to over 24. Should go at least that high again. 9.8 million shares in the float, with 1.11 shares short, last split on 5-2-94. Shorts will have to cover big time, company will probably announce another stock split and we all know what that does to Internet stocks.

Currently trading around 10 1/8 with a book value of $9.03. So even if it doesn't pop, which it will, you won't have bought a pig in a poke. You read it here first.

Bootz
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