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

To: randmiser who wrote (7562)	5/27/1998 7:35:00 AM
From: Brady B.	Read Replies (2) \| Respond to of 18444

You have to look at how John uses the word "net" in his statements. I think what he is saying is, just adding more shares to the float will not increase the value of the company. But Jon neglected the residual effect that these new shares will have on the overall value of the company. ESVS will open at a new price this morning. It should be around 1/2 of the current value. Now, for every penny, nickel or dime that price increases is equal to double the increase in price that would have occurred at the old float and old price. In essence, if the price goes up .10 today, it would have had to go up twice that yesterday to be an equal value. They are in the end, in theory, doubling their money. Of course this can be looked at in different ways as I'm sure you will find out when the alarm clock goes off. bb

To: randmiser who wrote (7562)	5/27/1998 10:07:00 AM
From: Jon Tara	Read Replies (6) \| Respond to of 18444

Something stinks with this split. The price of ESVS did not drop in half this morning. The press release said "effective immediately". That means that ESVS should trade ex-split today. Perhaps they didn't state it correctly. There is a 3-day settlement and it seems that the earliest possible effective date might be tomorrow. Either it was stated incorrectly (no big surprise...) or we now have proof positive that there is NO public float in ESVS. I'm assuming that it's the former, as the latter would require the cooperation of the market-makers to maintain the price of the stock, whom I don't think would want to risk the fallout from carrying-out such a bold deception. I'd suggest that people call the IR company and ask on what date ESVS trades "ex-split". That is the day that it will open at 1/2 of it's previous price. (I did try calling myself. When I called the 888 number, it rang, apparently forwarded to another number, rang, apparently forwarded to yet another number, and then I got a telco message saying that the number was disconnected. When I called the 617 number I got an operator who gave me Heather's voice mail.)