jjs64, ZSUN will eventually go back to new highs very shortly...
so you and your pack can short it again!
The Training Company they acquired, had net earnings of $878,000 in the first quarter of 1999, while projecting total earnings of $2.5 Millions for 1999. With these excellent earnings, why were they happy to be acquired by ZSUN, once their Lawyers and Accountants had completed their Due Diligence?
PCNTF and ZSUN have similarities in that they both have outstanding management teams, operate in the booming Asian Internet industry and their announced projected earnings for 1999 are in the same league: 24 cents for PCNTF and 34 cents for ZSUN.
Investors, Beware of the Short Sellers Tricks. If you are invested in ZSUN, or PCNTF, ensure that your shares are kept in a CASH account, not a MARGIN account, or hold the Certificates, so your shares can't be borrowed by short sellers.
PS: unaudited accounts for 1998 show $1.275 Millions net profit, or an EPS of 12.75 cents, 16% above the forecasted 11 cents. A major Auditing firm is completing the Company financials for release before the end of April. These filings will then lead to an application to list on NASDAQ.
F. Goelo + + +
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