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Non-Tech : InvestRight Club Challenge

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To: Francois Goelo who wrote (1018)3/20/1999 10:05:00 AM
From: Jeffrey L. Henken  Read Replies (1) of 2662
 
ZSUN is a good looking company. I'm not certain that your timing on the entry here was as good as it might have been. Looking at the rapid rise recently makes me wonder if the stock won't fall back a bit lower before good news has a chance to really make ZSUN shine. I'm looking for an entry point quite a bit lower. It's possible that we might even see $7 a share again:

dailystocks.net

Hope I'm wrong for your sake but the close on Friday does not confirm anything but weakness and profit taking. That being said I like what I'm seeing here fundamentally and I do think you will be rewarded for holding ZSUN:

ZiaSun is a holding company focused on acquiring profitable, Internet and Internet-related companies with strong growth potential. Momentum Asia is a subsidiary offering Internet customer service, database management, and corollary services which back up the Internet capabilities of other ZiaSun subsidiaries, as well as those Internet companies who are expanding into the international market. Momentum Internet Inc., is a ZiaSun subsidiary that controls a range of internet products and services, including an on-line stock trading system, a premium web-based e-mail service, a rapidly expanding advertising banner network, a popular finance website, and an Asia-focused search engine.

biz.yahoo.com

ZSUN closed Friday at 11 7/8's the low for the day. Chances are the stock will stabilize well above 7 before reportedly outstanding earnings are released at the end of March. I would advise potential investors to watch ZSUN carefully and consider taking a position when the stock finds a new base during the upcoming week.

Regards, Jeff

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