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


To: OtherChap who wrote (2490)3/2/1998 7:49:00 AM
From: Steven Angelil  Respond to of 18444
 
Notice the time on the story headline, 457 am pst. It isn't that late yet. We still have 10 minutes until that time. Maybe that's when the story will appear on the web. BTW, I hope they are not completely bashing Zulu, because 2 months ago they were saying how good Zulu was.

Steve



To: OtherChap who wrote (2490)3/2/1998 7:56:00 AM
From: Steven Angelil  Respond to of 18444
 
Funny, OC, how short your memory is. Wasn't it just a week ago that The Street.com tarred and feathered Zulu? If I remember correctly the stock acted "pretty well". I hope these Wired articles have the same effect.

Steve



To: OtherChap who wrote (2490)3/2/1998 7:56:00 AM
From: Terry Over  Respond to of 18444
 
Actually it is you that will have to cover JB Howard. Great Stories follow. They are opening now.

Pity, an to think, un limited upside risk.



To: OtherChap who wrote (2490)3/2/1998 7:59:00 AM
From: Terry Over  Read Replies (2) | Respond to of 18444
 
Here is what they are saying OtherChap. Read & weep. Now go get a job.

Zulu-tek Blitzes into Crowded Ad
Sales Arena
by Scott Kirsner

From this mornings Headline.
The partners have been picked, and now the
competition begins in the online ad sales
business. Zulu-tek, a Newport, Rhode Island,
holding company formerly known as Netmaster
Group, announced on Monday its purchase of a
controlling interest in Softbank Interactive
Marketing, the Number Two player in the
networked ad sales arena.

In December, Petry Interactive and Interactive
Imaginations merged to form 24/7, and industry
leader DoubleClick filed for a public offering.
What's still unclear is whether there's room for all
three.

"How big will the market be for companies that sell
ads into Web sites, and how much room is there
for how many players?" asked Evan Neufeld, an
advertising analyst at Jupiter Communications.
"What kind of room is there between DoubleClick
at the top and someone like Link Exchange at the
bottom, placing ads on personal homepages and
things like that?"

Neufeld and other analysts praised Zulu-tek's
purchase of 65 percent of Softbank Interactive
Marketing for an undisclosed sum. Jim Nail of
Forrester Research said that Zulu-tek is "putting
together a portfolio of different advertising
companies, and I expect there to be more
acquisitions in the near future to achieve more
synergies." Indeed, Zulu-tek's Web site brags
about a US$20 million acquisition fund just waiting
to be spent in 1998.

Zulu-tek's primary subsidiary is a company called
EchoMedia, which makes software that can deliver
appropriate ads - from low-bandwidth graphics to
TV-style commercials - based on a user's
platform. EchoMedia is allied with Prodigy, USA
Today, and AltaVista - which also happens to be
DoubleClick's bread-and-butter customer.
Softbank Interactive Marketing represents a
network of sites that include Netscape, HotMail,
and Playboy.

Caroline Vanderlip, president of Softbank
Interactive Marketing, said the match between
Zulu-tek and Softbank (which will soon be
changing its name to distance itself from Softbank
Holdings, its former parent) is a good one.

"They bring a number of things," Vanderlip said.
"The first is enthusiasm, the second is capital -
but the most important is the strategic fit.
EchoMedia has some terrific, state-of-the-art
banner technology that we plan to introduce to our
network within the next 45 to 60 days. And our
sales staff can work to get their technology out
there to other clients."

Vanderlip said Zulu-tek's deep pockets will be
used to expand the company's 35-person sales
force by about 20 percent, with a focus on New
York, Chicago, and Dallas.

The Zulu-tek/Softbank combination makes
Softbank a stronger second-tier competitor to
DoubleClick, analysts say. "Initially, the pairing
could let Softbank offer more creative advertising
formats, which can give them an early leg up on
DoubleClick," said Nail at Forrester.

"It'll be interesting to see how much Zulu and
Softbank ape DoubleClick's model of having
multiple revenue streams - selling sites a la carte
outside of the network, and selling tracking
technology alone," said Jupiter's Neufeld, who
emphasized that the Zulu-tek purchase
strengthens Softbank's traditionally weak
technology capabilities. "They weren't a
technology company," he said, "and this thing
called the Internet is all about technology. If you're
charging 40 percent off the top for ad placement,
you better deliver some technological value."

A spokesman for Zulu-Tek said the company's
new name was pulled from a hat after it was
discovered that another company had been using
Netmaster as part of its name. Netmaster Group
went public in August on the OTC Bulletin Board,
and has been a frequent topic of discussion on
online bulletin boards where investors discuss
penny stocks. Sources say Zulu-tek is interested
in moving to the American Stock Exchange or
Nasdaq, and Vanderlip said the company would
eventually be headquartered in San Francisco.

But despite giving Softbank some new capital and
renewed momentum, the Zulu-tek purchase
doesn't answer the biggest question about the
business of building networks of Web sites and
then selling ads into them. As Neufeld puts it, "Is
there a future to this? Can you make money doing
it?"

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