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

To: Steven Angelil who wrote (2515)	3/2/1998 9:07:00 AM
From: cecil	Respond to of 18444

.78 - .79 See previous posts, explains why these stories are not affecting the stock. Seems that this info has already been digested.

To: Steven Angelil who wrote (2515)	3/2/1998 9:11:00 AM
From: OtherChap	Read Replies (2) \| Respond to of 18444

READ THIS ARTICLE. wired.com just posted this morning. If this doesnt reek of a total scam, I dont know what does. I have been warning to stay wary of this company all along, but I never had any evidence that they were actually a scam. Looks like some reporter at wired did a lot of due dilegence and NETZ looks dangerously close to being history. some choice quotes: >But the troubled history of one of the company's key backers - >Pattinson Hayton, an Australian financier who engineered the >Softbank Interactive buyout - raises questions about the company's >current behavior and its long-term strategy. >Hayton has been sanctioned repeatedly over the last 15 years by >securities regulators in both the United States and Great Britain, >in actions by both administrative and judicial bodies, and has been >named by business partners in a string of lawsuits alleging >financial impropriety. In 1991 the Immigration and Naturalization >Service ordered him to be deported, which he avoided by marrying a >US citizen. And at least one member of Hayton's supporting cast at >Zulu-Tek has also suffered professional sanctions for alleged >financial mismanagement of public funds. and then later, from the big cheese herself: >"Insiders can post positive messages about the performance of a >company, and when they feel like it has reached a point where they >can cash out, they just sell the securities and leave the new >investors holding the bag," said Denise Voigt Crawford, president of >the North American Securities Administrators Association, which >represents the securities regulators of all 50 states. >"It makes pump-and-dump schemes very easy."