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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?

To: Coachman who wrote (4301)	9/20/1999 6:46:00 PM
From: StockDung	Respond to of 10354

But ZSUN's servers are in California just like SNMM's were in Canada.

To: Coachman who wrote (4301)	9/21/1999 1:15:00 AM
From: Francois Goelo	Read Replies (1) \| Respond to of 10354

#ZSUN#: where it STANDS and where it's GOING... We now have a pretty good inkling of the 10SB, even if not read word for word... There are some News, yet to come concerning deals with REUTERS and other entities: see Agreements in the 10SB... There are few surprises and most longs feel Good about the 10SB... Even the SSB's have finally understood that there are ONLY some 27 Millions shares outstanding.... Let's review the effect of the OIA deal on the future number of shares... 1) ZSUN needed strong Cash Flow, as do most Internet start-ups, hence the deal with OIA... Eventually, income from the other operations will, in time, catch up with that of OIA... Without this deal, ZSUN would have been hammered into the ground by the SSB's, so one could well say OIA was the Savior of ZSUN... 2) Firstly, let's look at my 1999 projections, for which OIA should contribute income for 3 Quarters, which I estimate to be around the $7 Millions mark. Other ZSUN operations should contribute some $2.5 Millions for a total of $9.5 Millions or about 35 cents per share (based on 27 Millions)... 3) A one time windfall sale of a portion of Asia4sale should bring in some $20 Millions gross, and I am guessing here, probably around $15 Millions net, which would represent another 55 cents/share or a total of 90 cents for 1999. At a PE ratio of 100 (PCNTF is around 180), this should give us a $90.00 share price or $35.00 without the Asia4sale deal... 4) ZSUN is seriously contemplating, from what I have read in a couple posts, to issue one share of Asia4sale for every ten shares held in ZSUN, as a stockholder Dividend, that should help force the short position to cover... 5) At the end of the first Quarter 2000, the Bonus provisions will kick in and it's quite possible that OIA earn $7.5 Millions more than the original threshold of $2.5 Millions and therefore receive an additional 15 Millions shares, unless the deal is renegotiated. This would result in the outstanding shares numbering 42 Millions, which is not excessive for a Company with the bright prospects of ZSUN... 6) The income for 2000 would then be divided over a larger number of shares and with the Founder of OIA at the helm of ZSUN, there is no reason to expect a slackening in the income Growth of OIA, which should make up for the dilution in shares numbers. With the expansion in the Far East and Europe, it's reasonable to expect that OIA should produce net earnings of some $18 Millions and the rest of ZSUN some $4 Millions, giving us $22 Millions over 42 Millions shares or a PROJECTED EPS of some 52 cents, excluding any extraordinary items, such as potential income from future spin-offs... Conclusion: These projected figures should only be taken as rough estimates supplied by a Biased and Optimistic Long reviewing, for his own purpose, ZSUN prospects, in the light of the 10SB... Anyone interested in the stock should carry out some extensive Due Diligence and bear in mind that investing in stocks can be rewarding but also very risky... In other words, only invest what you can afford to lose... F. Goelo + + +