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


To: I Am John Galt who wrote (2807)3/4/1998 3:09:00 PM
From: TARIQ STOCKS  Read Replies (1) | Respond to of 18444
 
Could you show us your response to them??

Your posts during the NETZ drop looked suspect at best. WHY DID YOU MENTION CHAPTER 11??????? and you just came from visiting the company???

To: Joe Copia (2528 )
From: Matty G.
Monday, Mar 2 1998 10:15AM EST
Reply # of 2809

I sold a some of mine to get most of my original investment out.

There's a difference between being loyal and being stupid.

I'm probably going to put it all back in if the company responds in a positive light. However, if Softbank
Interactive Marketing is "disintegrating", I don't want to be around to read Chapter 11.

The wrath of my mother would be upon me if I went down with the ship :o)

However, I'm looking to buy it all back at a lower level.

Matty Gregg



To: I Am John Galt who wrote (2807)3/4/1998 5:32:00 PM
From: BlueFox  Read Replies (2) | Respond to of 18444
 
It would appear that a witch-hunt is starting with the hopes of finding those who can be blamed for the recent events surrounding this stock.

"Do your own DD" was posted on many of the messages that made pro (and con) comments about NETZ over the last few weeks. Now that some people are looking at loses, it would appear that they have forgotten this. Playing the pennies is an individual choice; no one is to blame for a decision other than the person who made it.

It's amazing to watch how emotion clouds reason on these threads. Last week Matty was a hero, now he's a target because he may have been wrong. OtherChap may have been right, but now "he must have known something". Few here would have listened if he did.

Wired's author wrote his article based on the same information we have access to. It's his read of the current situation at ZULU-tek. He's entitled to his opinion as any of us are. How many here last week were recommending to friends, family, etc., that this was "the stock" to buy, based only on press releases (which are never negative)and Internet rumours - and no audited financial information?

Personally, I think hearing from dissenting views from OtherChap, TheStreet.com, Wired and others does us good, as it tempers the mob's feeling of invincibility, and serves to remind us of the nature of the penny stock game.

We can be pretty sure that Wired put more effort into researching ZULU-tek for their articles than most did here before buying the stock. We can take their work as we wish, but be careful before dismissing it outright because it goes against personal thoughts (or hopes). Remember that the truth usually hurts the most.

That's my two cents worth. Take it and invest as you wish. I'll step down from the soapbox now.

BF

PS: Sorry if this is a duplicate message. My proxy lost the connection on my first attempt to send a response.