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Microcap & Penny Stocks : ZuluGroup.com (ZULU/ESVS)-Ecommerce & Internet Advertising
ZULU 0.0001000-50.0%Mar 7 3:00 PM EST

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To: Jon Tara who wrote (1101)2/19/1999 12:40:00 PM
From: Jon Tara  Read Replies (3) of 2003
 
Trading Buy. Based on the BFL IPO.

While I have no disillusion that BFL will ultimately be successful, or even that the IPO will ever be completed, I do believe that this IPO will be spun over the next few days and weeks sufficiently to get small, naive' investors to buy ESVS and ZULU.

Stories will be spun suggesting that the price should rise at least 4X from here:

- 20M shares outstanding after the acquisition (if THAT is ever completed)

x $2/share = 40M

Cash after BFL IPO = $80M

Minority stake, so BFL worth at least $160M

Thus, ESVS/ZULU should be worth at least 4X what they sell for now.

I don't beleive for one minute that the IPO will be completed, or that the money will be used productively. But I do beleive that it will be spun, and the PR, taken on it's face (which an ESVS PR never should be :) ) is compelling.

You people should be buying with wild abandon.

I wouldn't hold this for the long term, but dispose of it PROMPTLY when the spin hits it's zenith. And keep in mind at all times that you are riding shotgun with the devil.

Actually, I'm surprised that nobody is. Are the stocks halted?

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