To: VBH who wrote (2362 ) 3/1/1998 12:31:00 AM From: tahoeman Read Replies (1) | Respond to of 18444
From VBH's message....Message 3561652 To: hoffy (380 ) From: Kerry S. Nelson Saturday, Feb 28 1998 5:58PM EST Reply # of 387 Hello: You can see this article on the web site also. I read it and verify that it is printed there. wallstreetwest.com It is interesting that this is what they write for Liteglow and NETZ: Zulu Tec Inc. (OTC-BB-NETZ-.81). This stock soared this week on a news release that compared the company to another large puclicly traded company. Zulu claims $39 million in revenues. The company is in the Internet advertising business. There seemed to be a lot of daytrading going on, as the price moved from the .40 area to $1.50 at one point during the week. If the financials hold up to the claims, this one could be headed up much higher. This may be a good buying point, but we wouldn't recommend investing your life savings. The company has said it intends to list on the Nasdaq National stock exchange. It needs the revenue it claims, substantial assets, and a trading price of more than $1.00 for that to happen. If financials prove its claims, this one could be headed for the $10 area. Liteglow Industries, Inc. (OTC-BB-LTGL-.08) We couldn't believe the volume of this automobile accesories manufacturer. It looks like it wants to move. The float must be huge. 10,000,000 shares traded, and the price moved from .03 to .08. This one is definitely not a buy at this level until the reason for the move can be established. Rumors at techstocks indicate a large deal with a distributor. Its definitely a wait and see. If the thing breaks the .15 area on heavy volume and we can get some news this week it may become a buy. Kerry