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


To: Frank_Ching who wrote (8040)5/28/2000 3:59:00 PM
From: StockDung  Read Replies (1) | Respond to of 10354
 
Isn't co-operation and alliance-building among Web companies heartening?

****** ANTHONY L. TOBIN OF ZIASUN 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
From the SOUTH CHINA MORNING POST

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: Frank_Ching who wrote (8040)5/29/2000 12:35:00 AM
From: StockDung  Respond to of 10354
 
The Plot Thickens;

By: onewhoknows
Reply To: None Monday, 29 May 2000 at 12:22 AM EDT
Post # of 21742


Vklepa I am a bit confused by the resident analyst and his posting activities. Meatloaf has stated he was involved with AOL and a few other facts about his long and illustrious career. I have also seen you refer to "Tom" and "Leo" and that Meatloaf is Tom. Been following but not really knowing what you know.

I now read Floyd on Si (a must read for all those interested in the truth) about Ray Dirks and 2 consulting analysts Tom and Leo. Can this be who you are refering to?

Message 13791687

Now what gets interesting is Floyd (the man is a must read for all who want to know the truth about many companies) about an updated research report on New Tel which was written on March 1.

Message 13791693

This report indicated a price target of $39 short term (6 months) and $115 long term (12 months). Every one is entitled to their opinion.... even an analyst. Current price is about $8 but then again the 6 months is not up yet and there is a couple of months to go.

I have searched available news stories regarding New Tel and can find nothing from Dirks, Tom or Leo indicating any change of opinion or revised price targets.

I can however follow Meatloafs posting history on New Tel and it makes interesting reading..... very interesting as it commenced from Mar 4 which is a couple of days after the New Tel report was released.

Meatloaf posted something interesting about Dirk.
ragingbull.com

Meatloaf continued his New Tel posting until late April when he posted ragingbull.com which shows his changed opinion.

Now the names you say Vklepa and the names Floyd has come up with match as does the AOL reference.

My question is if this is in fact the same person and he is a professional analyst is he not morally obliged and perhaps legally obliged to issue a PR stating his revised opinion? A post on a message board seem sort of inadequate.

As most here would be aware I do not know if these are in fact the same people and I, like many would like to know if it is. The above is just drawn from what is available here, on Si and in news files and may be incorrect and all are advised to do their own DD and draw their own conclusions.

jmho

me