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

To: JAC who wrote (4643)	3/24/1998 11:07:00 AM
From: JAC	Respond to of 18444

Good morning JAC :) I don't know the answers to your ?'s but its good to hear from you! Maybe the questions you asked were too...well uneducated. Have you done your DD, if you even know what or how to do that daredevil stuff. I don't know! Whatever the case may be have a great day and the same to all your "fellow" investors. Maybe you'll all get lucky today! :-} Maybe some OC type comments would get a better response!

To: JAC who wrote (4643)	3/24/1998 11:37:00 AM
From: BlackStar	Respond to of 18444

I am still a little confused as to the nature of ZULU before it joined with SIM. For the very beginning of Zulu you should read the posts of David & Matty. They wrote a travel report on their visit to the EchoMedia offices in RI and Tom Burgess. Also check www.wired.com (special reports) for some background on Zulu. Unfortunately those articles are mostly very negative but they don't represent all info on NETZ. You should, however, be comfortable with the content in those articles to stay long on NETZ. Basically Star Medical changed name and bought EchoMedia (roughly speaking). At that point Zulu was a company with a technology to broadcast media to any web browser. To make an impact a sales organisation was needed. The financiers (the guys that came into this via Star Medical) went out and bought 65% of Web Ad #2 (SIM). Why are all the ads reported only from SIM? SIM is still an autonomous company that sells ads. The idea, as I understand it, is for Zulu (EchoMedia) to provide SIM with a new Web Ad technology that will work better than the current banners. In other words what is being done NOW to make this a profitable co. other than rearrange leadership, or can you make $ in the ad business without selling ads or some other product? This question touches the heart of the issues that has created such waves here lately. The plain truth is - we don't know. The pro guess is - Zulu is preparing to go after DCLK like gangbusters. The con guess is - Zulu is stalling so ithat it can find excuses to float more shares and be generally 'creative' about bringing in money 'for nothing'. You'll have to sift through the info (check out ESVS - reporting company, their latest 8-K involving Zulu is 'interesting') and make up you own mind. It does appear that Lair could be the man to lead ZULU to the next level, but why the shell game about financials being reported and why do we not know what tech was actually obtained from OZEMY(?)? Yes, why indeed? Is there any real info as to the time of the financials? Legally, Zulu has committed to publish them no later than 45 days counting from the date of the latest ESVS 8-K. The 'word of honour' from Tom Burgess is 'it should be no later than March 31st'. Is it a crap shoot to purchase more at the bargain price of $.60 +. IMO, buying Zulu at .60 is a gamblers bet. At this point nobody knows the real intentions of the controlling force behind NETZ. If fact, nobody really knows who actually is the controlling force... Make up you own mind. You should be aware of my opinion by now.

To: JAC who wrote (4643)	3/24/1998 12:07:00 PM
From: PartyTime	Read Replies (2) \| Respond to of 18444

Subject: ZULU-tek (NETZ, formerly Netmaster Group) Preview Use Fixed Font....Terms of Use You are responding to this message from JAC on Mar 24 1998 9:20AM EST Good Morning to all :) >>>I am still a little confused as to the nature of ZULU before it joined with SIM.<<< The company started off as a shell OTC company named Star Medical. The name was changed to Netmaster, and it began acquiring companies. (some old hands should help on this) Foremost was the acquisition of EchoMedia, which had developed movie-quality internet technology intended for e-commerce. EchoMedia also had an award-winning product called SesameAd. In early December, the name was changed from Netmaster Group to Zulu-tek. In my opinion, a brilliant and considerably more futuristic name. There were other deals, such as the one with Ozemail, but the biggest fish of all was NETZ buying Softbank Interactive Marketing, which came on board December 31, 1997. This opened eyes in the industry, since the advertising technology was now married to a plan to market same (this was SIM's specialty). SIM also came with a lot of revenues, leading to the Doubleclick piggyback press release claiming NETZ has better revenues than Doubleclick (DCLK). Of course, DCLK was IPO'd and trading in the 30's, while NETZ was still a penny stock. That's when everything got crazy. Then came the Wired articles--what spawned these is anybody's guess--which heaped all kinds of negativity on one of the venture capitalists behind NETZ. To me, for something so public, it really looked like a personal pee match. But I guess we're all still wondering about this. The articles put NETZ on the radar screen, especially when compared to DCLK. This is when everyone began demanding a fully auditied financial statement from NETZ. A laudable cry, I might add. We're still waiting, and they're due soon according to a spokesman for the company, and also from the most recent filing where it states such a report will be completed within 45 days--(this started a little over a week ago). Next, Zulu and ESVS made a deal. Zulu wants onto Nasdaq, and ESVS was in danger of losing its Nasdaq trading status due to new Nasdaq rules. So now Zulu and ESVS are married to a 50 million dollar private placement. With ESVS, comes two new components, a computer laptops specialty service, and NB Digital, which has been doing work along the lines of EchoMedia. It's speculated that ESVS and Zulu will eventually become one company. For for now, they're operating as two companies with each holding interest in the other. Meanwhile, the components of these two companies will be working together under the leadership team of Steve Lair who has a heavy--I repeat heavy--background with Texas Instruments and Acer Corp. Why is a man of this heavy-corporate stature now heading a little potato company like Zulu-tek? To me, this gives the best hint of all: Big bucks in movie-quality internet advertising. Oh, I left out Autotrack. Zulu-tek has a plan--maybe on the back burner right now, given the emergence of ESVS components--to incorporate audtomobile advertising with the latest in computerized technology. This could be a bonus. In conclusion, yes NETZ is a crap shoot. It's a penny stock and has all the baggage that comes with same. But the technology is promising, the leadership team is superb and, in the course of history, the timing is right. The downside remains the questions concerning one of the investors and the absence of reliable financial data. How to play it? I'd say give it a modest investment if you're not in yet. If you're holding, hang on. When you sense there will be movement and stability, that's the time to increase your holding. Will it work? Maybe. But the prospects are a hell of a lot brighter then the viewpoints that you hear hailing from the domain of Naysayerism. I hope this answers some of your concerns. I'm sure others have more to add. Good luck!