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

To: aleta who wrote (6616)	5/6/1998 1:12:00 PM
From: Terry T.	Respond to of 18444

Aleta, I like your comments - balanced and thoughtful. While I too am an active supporter, in light of IR's "guarantee" of something this week in the way of financials, it is time to show "the cards". Notwithstanding all of the whining on both sides (and I have done my share), I still see this company as being in the right place at the right time, with an incredible opportunity for itself and its shareholders. It is more of a gamble than other penny stocks (a gamble to begin with), no doubt, but one worth taking for what could be, in my humble opinion, "explosive growth" in revenues and stock price. I and the other advocates could be seriously mistaken (a leopard doesn't change its spots, etc., etc., etc.), so the only question is how much does one want to put at risk under the circumstances. Interestingly, though, in light of the steady drumbeat of negativism, I view the upside as even greater for NETZ, since the push will come not only from (i) favorable revenues/ growth/expansion, but (ii) just from overcoming the crediblity issues that have weighed heavily on the company and the stock price for the past 7 months. Good luck to all!!!!!

To: aleta who wrote (6616)	5/6/1998 1:30:00 PM
From: PartyTime	Read Replies (1) \| Respond to of 18444

A very thoughtful post, Aleta. I agree with you. Your point should be well taken. However, I'm willing to give the company the benefit of the doubt in light of the fact of what they've accomplished in such a short span of time and the inherent confusion that must exist regarding the particulars of the merged and/or acquired entities. As one example, Tom Burgess said--privately or publicly, I can't remember--that SIM itself was "a real mess." To mix this with everything else Zulu has undergone, at a minimum, has to be complicated. But merging these companies into one corporate structure is a necessary thing in order to become the VIABLE vertically integrated internet company that Zulu says it wants to become. We've had several assurances that the audited report will be released. Such assurances do not exist without good reason. We will see them. Because if we don't see them, this stock and our investments will not prosper, there will be no growth. I'm banking that the company is well aware of this problem, but wants to have its act together before this information becomes public. I would rather Zulu take its time and present a better report, than to present one full of holes and questions just simply to get a document out that would satisfy us. Obviously, the prudent position is to be patient. If you bought in high, average down--as I have done; if you bought in low, you can easily ride this out; if you bought at about where the stock is now, you have the best seat in the house because you have the excitement of wondering if the stock is going to go up or down, without being hurt too badly by downside activity. But it is frustrating. I want these figures too. Very much so. Some of these debates are entertaining, but the fact is I'd rather be doing something else.