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


To: Frank_Ching who wrote (8042)5/28/2000 11:43:00 PM
From: StockDung  Respond to of 10354
 
"(my column was distributed on AOL in those days) identifying Time Warner as one of two shorts of that year."

By: meatloaf
Reply To: 20976 by xcit Thursday, 18 May 2000 at 1:08 PM EDT
Post # of 21738


Thx 4 the post, XC. You know, that reference to EBITDA, while sensible, might draw a little flack, but let me share with you a little experience on this issue.

Around this time in 1997 (May-June), Time Warner started reporting its operating results in this fashion (pre-interest due to the crushing level of debt Time Warner had, and pre-amortizatn due to its equally big number). I thought I was pretty hot shot analytically so I published a piece (my column was distributed on AOL in those days) identifying Time Warner as one of two shorts of that year. In fact, that was the lead-in my production manager wrote for that day's syndicated article.

I had genuinely thought that I had uniquely identified an accounting flaw when in fact what was really identified was a more relevant method to convey operating results to the investment community. Since Ziasun has no long term debt, an EBITDA reporting appears even more meaningful.

Here's the real experience bad news (if memory of stock price serves correctly): The stock was around $45 / share at that time. But it went on to split 2-for-1, and now sells for $82, which means anyone who went short by borrowing 1,000 shares at $45,000 was now short 2,000 shares and "upside-down" on that trade by more 100 grand.

Not one of my better calls, however, before the heat turns up on this format of ZSUN reporting operating results, beware that there is some compelling market precedent for this.

ragingbull.com



To: Frank_Ching who wrote (8042)5/28/2000 11:45:00 PM
From: StockDung  Respond to of 10354
 
TOM HEYSEK-->situations online for AOL dakn.com
Investment Strategist
Tom Heysek recently joined Dakin Securities as an Investment Strategist. He has been publishing research and investment situations online for AOL, Prodigy and Microsoft since 1996. Mr. Heysek began his career at JP Morgan as a Securities Analyst in the Trust and Investment division, where he spent 9 years. He has also been a corporate banker for Crocker Bank, for whom he spent several years in Hong Kong as Director of Asia Pacific Merchant Banking.



To: Frank_Ching who wrote (8042)5/28/2000 11:48:00 PM
From: StockDung  Respond to of 10354
 
TIME FOR COME MEATLOAF/A/K/A Tom Heysek To COME CLEAN on Ragingbull!IVE GOT SOAP

The date of this press release is dated July 22. 1999. Your post says you were at GREAT WHITE MARINE & RECREATION on July 23 1999. Time to stop conning unsuspecting investors with your trash talk!! Facts dont lie!!

"Then, one day, I decided to "drop" in in JAWS headquraters in Waco, Texas. That day was July 23, 1999...a Thursday as I recall."

"And finally, isn't this supposed to be a New Tel Message Board. If not, then let me remind you that there was NeoPharm (NEO)last April at $10, Sonic Foundry (SFO) last July at $8, and ZiaSun (ZSUN) last November at $7."

Title: GREAT WHITE MARINE & RECREATION, INC. ANNOUNCES THE APPOINTMENT OF RAY DIRKS AS FINANCIAL ADVISOR
Summary: WACO, Texas, Jul 22, 1999 /PRNewswire via COMTEX/ -- Colin Smith, President and CEO of Great White Marine and Recreation, Inc. (OTC Bulletin Board: JAWS), is pleased to announce the appointment of Ray Dirks as Financial Advisor to the company.
library.northernlight.com.

ragingbull.com
By: meatloaf
Reply To: 2503 by sailbad43 Saturday, 4 Mar 2000 at 1:24 AM EST
Post # of 4731

Reply to sailbad43: I read with interest your posting #2503. Permit me to lead off with some relavant facts, which I bring to your attention due to the sense of regulatory-finesse that seems to pervade throughout your message.

At the moment, industry observers estimate that 35% of all trading is done online by individuals. These are generally with discount brokers who...unbeknownst to most of the investing public...obtained unqualified exemptions to meeting suitability requirements the regulators otherwise impose upon full-service brokers.

In addition, the fourth market (ECN's) represent another 30% of trading volume...also beyond technical regulatory purview.

Putting on my analyst's hat, what do these facts tell us. They tell us that the universe of what the regulators used to get involved with has shrunk by about two-thirds. So you have thousands of regulatory "pipple" looking for stuff to do. Hint: Think overstaffing, Sailbad.

I can only assume that your reference to employment opportunities means that you must be graduating this summer...so permit me to assist in your job search by guiding you to the fact that the FBI and various State's Attorney's General Offices are furtile ground to recent graduates. Let me know how you make out.

Now onto your message. Sometime in March of last year, the meatloaf crowd was quite keen on JAWS. Bought alot of stock around $2. The bloody company emerged as some sort of cult...never saw anything like it, except at a "Trekkie" convention my third wife lampooned me into.

Then, one day, I decided to "drop" in in JAWS headquraters in Waco, Texas. That day was July 23, 1999...a Thursday as I recall.

The Chairman of JAWS wasn't in, however, his son was. I attended that meeting with another independent analyst. After the requisite 45 minits of Texas horse-feathers, I asked this kid to see a copy of the company's last bank statement (JAWS was supposed to have $6 mil in da' bank at the time).

One hour goes by (calling his Dad, I suspect). He says here's the March Statement...but nothing more current. We ask for April or May...nothing. Basically, we conclude, the Company is broke.

That's when the stock was at $2.50. Anybody that was part of that cult bailed out...and why in the world you would still be owning that stock at 10 cents is a mystery.

As to the FUSA reference in your message, we actually first wrote that up at $4. By the way, earnings and sales came in at precisely our estimates...at a time when no one else was even making forecasts.

And finally, isn't this supposed to be a New Tel Message Board. If not, then let me remind you that there was NeoPharm (NEO)last April at $10, Sonic Foundry (SFO) last July at $8, and ZiaSun (ZSUN) last November at $7.

Regards,

meatloaf



To: Frank_Ching who wrote (8042)5/29/2000 12:27:00 AM
From: StockDung  Respond to of 10354
 
VKLEPA should call the judge in the ziasun and Cragun suit. Its the right thing to do.

By: vklepa
Reply To: 21737 by VanIsland Sunday, 28 May 2000 at 11:50 PM EDT
Post # of 21740


Vansland, I closed my position in this stock as soon as it was physically possible, meaning many months after my initial intention to do so.
Why? Because I saw a great number of the red flags and I didn't see any rational reason to be in such stock, having 25,000 other options available to me. Actually, whoever went through OIA course and didn't bail out from ZSUN immediatelly deserves to lose money.
I didn't lose money, I even made some. This should only add to my credibility. Well, it would have in a less corrupt environment.
Please don't ask me about my agenda. It is irrelevant, for as long as you are not asking questions about Ziasun's fundamentals.