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Technology Stocks : Zapata (ZAP)

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To: wellab1 who wrote (1122)4/13/1999 3:04:00 PM
From: vestor  Read Replies (1) of 1206
 
But you cannot trust ZAP. They have no problem turning around and saying 'we changed our mind'. They have done this before and the same people run the company. Judging by the price action today we are smarter than the last time. The insiders, at least so far, have not benefited from this one. Just recently they suspended the dividend saying we are doing so so we can buy ZAP shares back. They said ZAP shares were a great value.... Yet they have not bought a single share of stock with the shareholders dividend $ as per the annual report... And they will say they will spend whatever $ it takes to defend those insiders that made a fortune the last time ZAP said here we go the internet route..... I would not be surprised to find out that our dividend went to legal fees.... Would not be surprised that all the buying that took place over the last two days when no news or hints of news came from the company were by insiders hoping to sell into todays news..... Well wah La..... we have become smarter......
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