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


To: PartyTime who wrote (6311)5/1/1998 1:12:00 AM
From: Terry T.  Read Replies (1) | Respond to of 18444
 
Party Time, take it easy on Joe Copia. I respect his analysis and thoughts too. If I were smart like him, I would have sold today as well,
and bought more shares tomorrow when the price drops somewhat (or a lot).

I will add that Joe appears to be as ambivalent as I have been (and others have been). He runs hot and cold about NETZ. There are things to really like about
this company and its potential, and then there is this swirling mass of garbage and
bad press hurtling around us.

Again, to be redundant, I believe NETZ and ESVS are already interlocked somewhat.
Look at March filings. ESVS has given up about 15 or 20% of its equity position for 12mm shares of common in NETZ. This is a given, okay, as I
understand matters, so ESVS and NETZ are no longer (in my opinion) at arm's length. They
can move deadlines around at will to suit their needs.

Unless something "really, really" bad shows up in financials, which causes a "rescission" of ESVS deal (like the Universal/Charles Rose) deal,
and I have heard nothing to this effect (everything points to progress, albeit slow progress), I believe this puppy will move
forward - we just don't know if it will be a chopper to the pitcher
or a homerun in terms of stock appreciation for NETZ.

I would like to know what happened to $50mm placement which was suppose to commence in March. This is what ESVS was going to
do as part of exchange of its stock for 12mm shares of NETZ stock, as I recall.
At least all of the industry news has been great, and the stocks have been flying, so this should have helped those trying to
raise money.



To: PartyTime who wrote (6311)5/1/1998 7:47:00 AM
From: Joe Copia  Read Replies (2) | Respond to of 18444
 
But the fact is, according to your recent announcement, you bought NETZ in the past week and even encouraged others to do so after you bought it--it made your stockpicking list even! All of this occurred BEFORE the release of the Zulu audit. You did this, according to your explanation, on the strength of Steve Lair's association with the company.

I said I was buying on PURE SPECULATION that the financials would be out 4-30-98. They did not so I sold. As far as Steve Lair is concerned , he is the reason I even followed thru on that "specualtion".

Who said or required that the audit had to be PUBLICLY released by 4/30? I'd like for you to at least answer this question, ignore the rest if you like.

Well I believe this thread stated that 4/30 was the deadline per the filings with the SEC. quote.yahoo.com
The Transactions, described in exhibit 1 of the above referenced Form 8-K and filed on March 16, 1998, provide the Company with access to ZULU-tek's interactive sales and marketing expertise which will allow the Company to offer its customers a complete Internet technology and sophisticated program development solutions.

You also had plenty of questions as to why I could not entertain some "pie-in-the-sky" things like the Audit has been delivered to ESVS, etc.

Once burned, twice as sharp !!

you see this as an opportunity to grab more shares by announcing you sold today, and others will follow.

I think you are giving me too much POWER. I think you are thinking of Warren Buffet. If Joe Copia has that kind of power I sure would be surprised.

This, of course, allows you to buy more shares cheaper tomorrow, or the next day. After all, the price has remained flat, hasn't it? Isn't there a logical assumption that, on no news, the price will go down further tomorrow--therefore a daytrader's buying opportunity?

Maybe that will happen. Who knows? and if I do buy more today so what? I sincerely doubt I will but if NETZ hits the .30's why would I not. You act like a "daytader" is a leper.

Joe PTG&LI !!! back to watching