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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (33529)	6/6/2000 9:22:00 PM
From: StockDung	Respond to of 52051

**THIS IS WHAT ANTHONY L. TOBIN OF ZIASUN SAID*** ---------------------- HE REALLY DID** ------------------------I'M NOT FOOLING YA -----------------------------HE REALLY SAID THIS "Anthony Tobin told Technology Post last year that the company no longer ran sex-related businesses. Instead, ZiaSun has latched on to other Web trends." Spirit of co-operation rules in Web business scmp.com Monday January 25 2000 Spirit of co-operation rules in Web business At first glance, there was nothing unusual about the Capital Growth Report when it arrived in Backspace's snail-mail box. Of equal parts financial jargon and hype, the report - which charges US$78 for a year's subscription to what appeared to be four badly laid-out pages per month - seemed a typical tech-stock newsletter. What made Backspace choke on his morning coffee was the pick of the month: an obscure public Internet company called ZiaSun Technologies. ZiaSun was known as Momentum Internet when it was based in Hong Kong. Three years ago, a magazine called The Dataphile revealed that Momentum was behind a stable of porn Web sites and phone chat lines that promised Bangkok Babes and China Dolls. Thousands of spam messages advertising these services were sent from Momentum's free e-mail service. While not admitting the spamming, Momentum and now ZiaSun president Anthony Tobin told Technology Post last year that the company no longer ran sex-related businesses. Instead, ZiaSun has latched on to other Web trends. It has an Asian search engine, a stock-trading portal, a financial news service, an advertising network and an auction site called AsiaForSale. It moved to San Diego in 1998 when it began trading over the counter in the US, while keeping most Web operations in Asia, mainly in Hong Kong and Manila. While the company claims to be profitable on modest revenues - $9 million in the second quarter last year - it has been criticised by day traders and investors in the US, who have tried to puncture those claims. Mr Tobin had ZiaSun respond by suing several day-trading and investment sites for alleged defamation. While ZiaSun likes to hype its Web sites - 45 press releases last year - it doesn't appear to be making much money. Most of ZiaSun's revenues came from two off-line subsidiaries, a Philippine-based printing business called Momentum Asia and a US learn-how-to-day-trade seminar which charges $3,995 a head, according to Mr Tobin. So Backspace was puzzled why the editor of Capital Growth Report would hold such an optimistic view of ZiaSun's prospects. 'The company has a dominant position in the exploding Asian Internet market . . . We expect that ZiaSun stock will soon be valued with that of profitable peers such as CMGI, now trading in the [US]$80 range.' A visit to Capital Growth's site (www.capitalg.com) shows it is designed and maintained by Momentum Internet and that Capital Growth offers ZiaSun's Swiftrade stock-trading service to subscribers. Isn't co-operation and alliance-building among Web companies heartening? scmp.com business.scmp.com.

To: Francois Goelo who wrote (33529)	6/29/2000 12:05:00 PM
From: StockDung	Respond to of 52051

Have you seen this lawsuit filed against Cragun, Briggs, Tobin, Ziasun, et al? James A. Shalvoy SBN 129503 1201 Morningside Drive Suite 215 Manhattan Beach, CA 90266 Tel 310-796-0447 Fax 310-796-0277 Attorney for Defendant George Joakimidis SUPERIOR COURT FOR THE STATE OF CALIFORNIA COUNTY OF SAN DIEGO GEORGE JOAKIMIDIS ) Case No. 730826 ) CROSS COMPLAINT OF GEORGE Cross-Claimant ) JOAKIMIDIS FOR: ) vs. ) 1. UNFAIR BUSINESS PRACTICES IN BRYANT CRAGUN, LYNN BRIGGS, ) VIOLATION OF CORPORATIONS CODE ANTHONY TOBIN, ZIASUN ) SECTION 17200, ET SEQ TECHNOLOGIES, INC., TITAN ) 2. FRAUD MOTORCYCLES OF AMERICA, INC., ) 3. BREACH OF CONTRACT BEVEX INC., P.T. DOLOK PERMAI, dba ) 4. BREACH OF FIDUCIARY DUTY INTERNATIONAL ASSET ) (FILED CONCURRENTLY WITH MANAGEMENT, JONES, JENSEN & ) ANSWER) ASSOCIATES, and DOES 1 through 100, ) inclusive ) Case assigned to Hon. Janis Sammartino ) Department 71 Cross-Defendants ) ------------------------------------ etc. Dated: April 25, 2000