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Microcap & Penny Stocks : Zulu-tek, Inc. (ZULU) -- Ignore unavailable to you. Want to Upgrade?

To: Fitz who wrote (159)	1/15/1998 11:03:00 AM
From: Roo	Read Replies (1) \| Respond to of 18444

Fitz - I agree. The statement that "good news is pending" is IMO neither unusual nor unethical. In fact, I believe it quite common for companies to state that news is pending, and an anticipated release date. After all, building this expectation is a big part of making an impact when the news does come out. Where ethics (and law) come into play however, is when the nature of the news gets disclosed in a non-public manner prior to the "official" release. Of course add the old buy-on-rumor-sell-on-news axiom and you've suddenly got a great deal of (perhaps otherwise undeserved) volatility. Anyhow, I do agree with Matty on the point that this stock has definitely demonstrated a peak-before-news pattern that cannot be denied. -R

To: Fitz who wrote (159)	1/15/1998 1:11:00 PM
From: I Am John Galt	Read Replies (2) \| Respond to of 18444

Harm in this? It's illegal. It's insider information. It gives someone an unfair advantage over people who may not know who to call and where to go. Although this assessment may sound ridiculous to us, it is a serious problem. I'll give you an example. Zycad Corp's CEO told some of us investors on the SI thread that there will be a name change and a major partner announced in October/November. Many of us invested, and when the release was issued, the stock tripled. Was that insider info? You bet your boots. Insider information about the deal with Bellcore was leaked. Now, I'm not complaining about the actual info, I'm just a bit worried. There are tremendous leaks in the company, an act I see personally as dishonest. When I called Netmaster Group, they did not volunteer information, but when someone else on the thread did, they did. That's biased and can be classified as insider. Sorry, guys. I don't necessarily think it's a problem in terms of making money, but I do see it as a moral issue. If you guys wanna do it, the more power to you. Matty Gregg