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

To: Brady B. who wrote (7444)	5/25/1998 4:47:00 PM
From: PartyTime	Read Replies (2) \| Respond to of 18444

I liked you last question, Brady. In any event, here's Donald Steinmann's response on the conversion question. In effect, he brought us back to where we are with no conversion response. Maybe someone else should have a go at it with him. Or maybe there just isn't any clear answer yet. Oh well, this is what he said: Do you remember when you were a kid and it would make you so made whenÿ someone would tell you something and then say "ha ha, had my fingers crossed".ÿ As adults we have to give up that kind of foolishness.ÿ Except of course in press releases.ÿ The $50 million placement you mentioned is what they hope to do, not at all a done deal (ha ha hadÿ our fingers crossed).ÿ ESVS has declining sales and revenues.ÿ Since Zulu-tek doesn't file audited financials, we have no clue as to what they actual earnings are, but I doubt it's anywhere near what they claim.ÿ I'll bet that $39 million has all sorts of caveats built into it, maybe it's projections based on long term contracts (ha ha, had our fingers crossed). The company may indeed be able to make some serious bucks, but right now you are flying somewhat blind.ÿ You have no idea how much cash they have, what their revenues are, profits are, etc. But at .50 cents a share, you knew it was a really, really speculativeÿ investment.ÿ I'd call investor relations at Zulu-tek and ask for answers to these questions: What is their current cash position. What is their current debt. What are accounts receivables that are due in 30 days and what wereÿ ÿÿ receivables like the last few months? What is the pay of the top couple of officers? What assets do they own other than cash and what is it worth? This will at least give you some idea of where they stand.ÿ If it's such a great business, receivables should be exploding.ÿ They also should have some cash on hand and salaries for execs shouldn't be off the planet.ÿ Also make sure they don't have current debt due that can bankrupt the company. Without financials it's almost impossible to figure out what's up.ÿ You have to just go on the say so of people who cross their fingers. Take care.ÿ Don.

To: Brady B. who wrote (7444)	5/25/1998 5:49:00 PM
From: Brady B.	Read Replies (1) \| Respond to of 18444

Ok, I have a question. (#1) Let's say the 2 companies get their STUFF together and get all the said STUFF straightened out and then merge and become one company having a new and common share called zulu. Let's then say the new zulu shares are issued to the shareholders and the shareholders begin to trade the stocks on the open market. ?? Would this not be similar to an IPO with the only difference being the shares are being placed on the market by the shareholders instead of the company? In the end those purchasing the new stock will determine the ultimate value of the stock. And a statement. If this thing ever gets on the Nasdaq or the AMSE, it will be hard to tell where it will end up. If everything is as it has been told to us, we could easily surpass DCLK in the future. DCLK is not in a very good position strategically with their main revenues being from Alta Vista. Not only must they worry about keeping Alta Vista as a client, which I am sure will not be an easy task by any means, they will also need to worry about Alta Vista staying at the forefront of their internet category a well. If Alta Vista loses revenues it will only mean a multiplied loss for DCLK. This is all speculation on my part and this speculation is based on paragraph #1 of this post being fulfilled. Brady Yes, I'm being a little overly emotional tonight with my zulu stock, only because I haven't been giving it much support as of late.