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Microcap & Penny Stocks : Zia Sun(zsun)

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To: Glenn Petersen who wrote (137)4/1/1999 6:30:00 AM
From: Oliver Schonrock  Read Replies (1) of 10354
 
Thank you Glenn for the first reasonable post in the last 30 or so. The rest have been filled with testosterone fed b..ls..t!

I agree fully with your evaluation. If the releases are factual the appreciation we have seen may be justified, although we can't exactly do projected cashflow analysis on asia4sale or the "free pinmail => projected advertising revenue". However that's internet stocks for you and those were not the reasons I bought this stock.

For the record, I bought 800 shares @ $6.25 and have sold 200 at $25.75 to cover my principal. Obviously I am very happy with that situation and relaxed about the developments. My high risk period is over! I said yes round about when you said no. No, I am not gloating, just happen to be lucky/right so far on this one. I did sweat about the risk for at least a month or so, so I did pay the appropriate price.

I fully agree with the "Buyer Beware" statement from some of the recent posters. All buyers of stocks should beware... they are risky... and the more risky, the greater the potential return...what's new here? Risk is usually borne out in insufficient information to accurately predict the future earnings of the company...what's new here?

If you believe that Tobin is a fraud, don't buy!
If you have been watching the way this company puts together item after item of intelligent strategy then I believe you will agree with my view that ZiaSun is not a fraud. They have a unique way to use the internet forum to do real business (unlike many other such stocks). That's why I believe their management are real business people that will provide real profits and real growth. The latter will be produced by their ability to build profitable services around the websites and will be supported and accelerated by the inevitable growth of the internet itself.

Looking forward to more good news, which I am sure will come soon..

Oliver Schonrock
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