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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?

To: Phil(bullrider) who wrote (11221)	8/13/1999 10:15:00 PM
From: WebDrone	Read Replies (1) \| Respond to of 18998

WSJ Synopsis: <ZiaSun's critics have found many issues to hammer. Their postings have grown increasingly nastier and in some instances very personal. "ZSUN IS scum and must die. I shall make it so," wrote "Auric Goldfinger," a message writer alleged by ZiaSun to be a San Francisco hedge fund manager and former investment banker named Steve... Besides Mr. Worthington, other people named in ZiaSun's lawsuit include: Floyd Schneider of Saddle River, N.J., who uses the aliases of "Flodyie" or "Truthseeker," Mike Morelock of Greenwood, Ark., known on Silicon Investor as "C M Burns" and message writers using the aliases jjs64, trader14u, realmoney and Alpine Sleuth. Alpine Sleuth is an investor named George Joakimidis from Athens, Greece.... ZiaSun officials are infuriated by the online attacks. Mr. Elder said the repeated attacks were deterring shareholders and hurting the company, which said it earned 11 cents per share last year. Shortly after reaching its 35 peak in late March, ZiaSun's share price started to fall. On Friday, the stock was trading at 9 1/8, after accounting for a 2-for-1 stock split... Until last September, ZiaSun was known as Bestway U.S.A. and its primary business was developing a machine that lets people bottle their own drinks in supermarkets. But the venture failed and last fall the company renamed itself ZiaSun and bought a variety of Internet portals and e-commerce sites, many of which are based in Hong Kong and the Philippines. In April it acquired Online Investors Advantage Inc., an Orem, Utah, firm that teaches novice investors sophisticated investment strategies, such as options trading. The company plans to start offering the classes in Australia and New Zealand, where Mr. Elder said it will start "introducing" students to Swiftrade.> Definately worth a full read. WSJ is a bargain on line, imo. WebDrone