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

To: Frank_Ching who wrote (7014)	3/15/2000 11:02:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 10354

Care to analyze this, Frank_I_am_not_really_Asian_but_I_work_in_a_Philipines_Boiler_room_Ching?: "By: frisky Reply To: None Wednesday, 15 Mar 2000 at 9:11 PM EST Post # of 18180 The most important news: the 4th quarter EPS and the 10sb revision are kept in the dark. All the listed US corporations can announce their EPS two to three weeks after they closed their books each quarter. ZSUN can announce the net income of OIA for the 1st and second month of 2000 precisely but they cannot (or do not want to) release the 4th quarter EPS. Why? IMO, ZSUN's Internet businesses must be very lousy. OIA is the only one in the black. The more money OIA made, the lower the diluted EPS will be, LOL. Therefore, the management might not want you to see the whole picture. Besides, all the restricted shares will be unrestricted by March 31, 2000. There is no incentive to announce the EPS before April 17, 2000. Yes, touts are going to argue that ZSUN made money in selling Asia4sale.com Ltd. However, the $5 million profit is one-time gain, it must be excluded from the operating income. ZSUN can brush away 70% losses of Asia4sale.com, but not until December 23, 1999. They still have to recognize 97% of the operating losses of Asia4sale.com in the 4th quarter 1999. Of course all the operating losses of Asia4sale.com Ltd. may will be wiped out after February 10, 2000, because Asia4sale.com Inc acquired Asia4sale.com Ltd. ZSUN is probably received less than 20% of total AFSI's new outstanding shares. Suddenly, ZSUN will have a huge investment on marketable securities in its balance sheet based on the absurd AFSI's low float market capitalization. I also want to remind the touts that ZSUN is not the holding company for AFSI anymore. A holding company is defined as a company owns more than 50% of the outstanding common shares of its subsidiary. ZSUN's only Internet holding is Momentum Internet which has not done much meaningful business yet. ZSUN is a de facto shell corp. for OIA. Of course, ZSUN is for the future not for the present. There is not a big deal of losing money in Internet Portal business. The deadline, April 17, 2000, for ZSUNE is approaching. The deadline for compliance, May 17, 2000 is not too far either. ZSUN must work really hard for these two days. Touts, you don't need to dream of AMEX or NASDAQ SC listing. It isn?t going to happen until the official approval of 10sb by SEC. I don't think that this will happen soon. ragingbull.com "