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

To: Bob Frey who wrote (1070)	2/24/1998 10:05:00 AM
From: Theo	Respond to of 18444

ZULU-Tek Announces Strong Continued Growth With $39 Million In Total 1997 Revenue, Exceeding Doubleclick By 22% PR Newswire - February 24, 1998 09:47 NETZ %CPR %ERN V%PRN P%PRN YES! This was sorely needed...;)

To: Bob Frey who wrote (1070)	2/24/1998 10:29:00 AM
From: OtherChap	Read Replies (3) \| Respond to of 18444

Misleading revenue statements, oh my! Here's what happened: Zulu itself had ZERO revenues last year. However, Softbank Interactive Marketing had 39 million. But since Zulu managed to buy them, that means they must have had quite a bit of debt, and absolutely no profit- why else would they sell a majority stake to a penny stock that just underwent a 500:1 reverse split? Notice how the press releases keep talking about revenue, but never mention PROFIT? That's because there was none-only a huge loss. But since they havnt released any audited financial results, I guess they can pretty much pick and choose which information to hype to the press. Once again, they try to compare themselves to doubleclick in the press release.. A sad tactic. Penny hype from the highest levels. Who wants to bet that they got Softbank advertising unit for FREE, in exchange for taking on their debt?