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

To: RocketMan who wrote (3321)	3/10/1998 6:13:00 PM
From: randmiser	Read Replies (1) \| Respond to of 18444

what time?. That would be good.hang in its just around the corner.

To: RocketMan who wrote (3321)	3/10/1998 6:44:00 PM
From: PartyTime	Read Replies (1) \| Respond to of 18444

Nice work, Maurice. I too went back and looked over the ESVS financial statement. I came to pretty much the same conclusion: They ain't got no money and they ain't got nothing within them that can create same. It is possible that the nature of this technology could open the door for a scam. But I still don't see it, for the following reasons: 1) There is an existing product and an existing clientele. Whether I believe 39 million in revenues were generated, I don't know anything except what's been "unofficially" reported. But given the nature of NETZ clients, I bet some of them paid some big bucks, or signed long-term contracts to get in early on this medium of advertising. 2) I've not seen any refutation anywhere on the quality, character and leadership experiences of the top two executives, Mr. Meatchum and Mr. Lair. These guys, through proven track records, have kept their eye on the ball. Mr Lair, particularly, knows who the players are in the game. 3) I don't think it's easy to continuously be involved in transacting, literally, millions of shares in a single day, without sparking the watchful eye of the SEC. Also noteworthy is the fact that Wired's special-reports and street.com's reporting exists over and against the backdrop of Zulu's current deal-making. For however much money we investors may have lost the other day, we have at least gained public scrutiny. Any successful venture will, at some point, have to pass this scrutiny test. I remind you, it's a public scrutiny I'm speaking of, not the Other Chap/Irish King short-time review. Much though it may be disdainful--read: ouch!--it's important to have advocates for factual information and accountability. Therefore, though I hate the way it's gone so far, it's my belief that Wired and others should keep digging (with, presummably, less emphasis on news, snippets and accusations from estranged Zulu employees), especially now that 50 million dollars is supposedly tucked in here somewhere. We all know this kind of money isn't found tucked in wallets lost on Wall Street--only about one percent of our society get this lucky (LOL). Concerning the seemingly reported bad background some venture capital backing, doesn't Wall Street have a history of this going back to the institution of the market itself. Whose money was behind dem dare robber barons? What kind of actions did they promulgate? How many great-grandmothers gave up their backyards for the railroad? But the market went on, didn't it. When I add it all up, I see strength in two areas: product and client base, and executive leadership. Like all of you--particularly now that 50 million is bandied about--I too want to see a financial statement. Given the new deal that has been struck, it would be logical to assume that a financial accountability will and must exist in order for it to move forward. The best move now, I think, is: Yes, buy some NETZ. But don't bet the farm yet. Simply stake out a reasonable position. Then sit back, accept the fact that the market maker screwed you, and wait it out. You can always come in later once Price-Waterhouse releases the audited report. And there may be a bonus here: Think of who might be behind big-time advertising? Especially this kind of advertising. My gut feeling remains that the queen has not yet entered the game. We've merely seen some positional moves, early on. Let's see who'll be the first to discover the force behind the move of the queen. We that's how I add it all up, on this date. Let's see what tomorrow brings.