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

To: TokyoMex who wrote (285)	1/21/1998 7:49:00 AM
From: J Walter Jacobs	Read Replies (1) \| Respond to of 18444

I am a psychologist and have to listen to bickering, bitching and belittling much of my day, so it is very tiring to have to endure it on an SI thread as well. I will withhold my clinical judgement on you TokyoMex for the present but it would fall in the domain of a Personality Disorder. Lets assume your worst case scenario were true which it is not. There are now 100 million shares in the float, sales remain at the Dec. level and for the year NETZ generates 71 million in cash flow or 71 cents per share for a price-to-sales ratio of .33. A very conservative valuation would be a price-to-sales ratio of 1 which would put a proper valuation of this company at three times its present level. Actually, there only about 40 million shares in the float, sales just doubled and continue to grow at an accelerating rate, no income has been included from the other divisions of NETZ, and other cash generating acquisitions are planned. I'm sure there are other positives that I am not aware of. Hence, in your worst case scenario the stock is still grossly underpriced. What if sales for the year are actually twice as high (quite possible,given the rate of sales growth) and the market accords a price-to-sales ratio befitting an emerging growth company of 3 or 4?