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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (3632)5/28/1998 12:48:00 PM
From: Sheri  Respond to of 25711
 
NetVest Group Announces Sale of Stake in Enhanced Services
and Zulu

PR Newswire - May 28, 1998 11:43

ESVS ZULU %CPR %MLM %FIN V%PRN P%PRN

Jump to first matched term

HONG KONG, May 28 /PRNewswire/ -- NetVest Capital Partners L.P. today announced that it has
reached an agreement in principle with a group led by China International Equities, Ltd. to divest its
partnership interests in Enhanced Services Co., Inc. (Nasdaq: ESVS) as well as its stake in Zulu-Tek, Inc.
(OTC Bulletin Board: ZULU).

"NetVest provided the venture capital support to enable Zulu to acquire EchoMEDIA and Softbank
Interactive Marketing, Inc., an industry pioneer in on-line advertising," said Roger Mincheff, president of
Enhanced Services. "NetVest also provided the vision to refocus these companies into Zulu. When the
planned business combination with Enhanced is complete, the full benefits of NetVest's efforts to lay the
foundation to become a major Internet competitor will be realized."

The combined forces of Zulu and Enhanced Services will provide a range of innovative online services,
including e-commerce, Internet advertising and technological services. Zulu-Tek has become one of the
few firms in the industry to offer clients in-house services that encompass both marketing acumen and
technological capabilities.

The planned merger is subject to regulatory and shareholder approvals, as well as compliance with
NASDAQ rules.

SOURCE NetVest



To: Joe Copia who wrote (3632)5/28/1998 12:54:00 PM
From: musicguy  Read Replies (1) | Respond to of 25711
 
I am so sorry for bringing this thread (inadvertantly) to the attention of the Dwight creature... I will not engage him in debate or flame contests here... I apologize for his bullshtein...

He is obviously verrry down on NTN while I am pretty upbeat about it..

DD....

MG



To: Joe Copia who wrote (3632)5/28/1998 1:43:00 PM
From: barbara sperino  Read Replies (1) | Respond to of 25711
 
NVXE- Just wanted to let you know I did talked to co, this morning and they said news would be out later today or tomorrow for sure.
MM's are really scrambling for shares this morning. I wasn't sure if they were really hunting for shares, so I put a sell order in for 5k at a .1 higher than the bid. And they Took my shares! I will be looking to buys these back. LOL. I'm not going fishing anymore with my shares. LOL