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

To: Jon Tara who wrote (6798)	5/8/1998 11:04:00 PM
From: PartyTime	Read Replies (1) \| Respond to of 18444

I suggested a conference call long ago. What became of that initiative was the Q&A with Tom Burgess, instead of a conference call. Then came the SIM purchase and the ESVS merger with a change in IR/PR. Who knows? Had some folks not treated Tom Burgess so badly on SI, there might still be a Q&A vehicle for information. But frankly, I don't know how this would interact with the IR/PR element of the company. Jon, I wouldn't go through all of that work trying to pin people down. I mean who wants that? Can't people just say, as best they can, what they learn when they hear about it? This is not like a chess game where all of the pieces remain in their staid positions, is it? As you know, things get moved around and strategies change. Were I you, I wouldn't waste my time picking through information like that. Though it would be nice, I predict there will be no conference call until the management of all three Zulu components gets clarified, the audit and position of the company is well understood by all pertinent parties (we shareholders included) and when the CEO has a firm grasp on the company moving forward and knowing who and what's behind him. Then there will be much that we will hear about.

To: Jon Tara who wrote (6798)	5/8/1998 11:21:00 PM
From: PartyTime	Read Replies (2) \| Respond to of 18444

WIRED SOLD!!! More disgruntlement in the mill? Wired Sold Wired News Report 7:06am 8.May.98.PDT Wired Ventures Inc., parent company of Wired News, issued the following press release Friday morning: SAN FRANCISCO -- The Board of Directors of Wired Ventures Inc. today approved the sale of its flagship print publication, Wired magazine, to Advance Magazine Publishers Inc., owners of some of America's top lifestyle magazines, including Vogue, GQ, and Vanity Fair. Terms of the deal were not disclosed. The sale of the magazine enables Wired Ventures Inc. to pay off short-term debt and fund its online businesses, operated by its wholly owned subsidiary, Wired Digital. Wired Digital's online publications, HotWired and Wired News, and its search engine, HotBot, attract more than 8 million unique users each month, ranking them among the 16 highest-trafficked sites on the Internet, according to RelevantKnowledge April 1998 figures. As part of today's agreement, Wired Digital will retain the perpetual exclusive online rights to the Wired brand name. Wired Digital delivered US$3.4 million in revenue in the first quarter of 1998, a 113 percent jump from the same quarter last year. It is expected to turn a profit by Q4 1998. "Our online business has accounted for the greatest percentage of the company's overall revenue growth over the past two years. This transaction solidifies our financial position, provides ample funding for our online properties, and positions the company for many possible opportunities going forward," said co-founder Louis Rossetto. Launched in January 1993, Wired magazine won immediate national attention and critical acclaim for its groundbreaking coverage of the digital revolution, a phrase it coined. With an innovative graphic presentation and authoritative yet irreverent voice, the magazine features coverage of the economic, political, and social impact of the emerging digital generation. Wired has twice won the prestigious National Magazine Award for General Excellence. The magazine has posted five consecutive quarters of profitability, with circulation expected to grow from 400,000 to 425,000 this July. Advance Magazine Publishers Inc. has been an investor in Wired Ventures since January 1994. The company is expected to continue the course set by founders Rossetto and Jane Metcalfe and continue to operate the business from San Francisco. "We have long admired Wired for its innovative approach to publishing and its strong editorial voice. We look forward to working with existing management to grow the magazine further," said Advance Chairman Si Newhouse. Check on other Web coverage of this story with NewsBot