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

To: mandingo who wrote (7890)	5/29/1998 10:46:00 AM
From: Jon Tara	Read Replies (1) \| Respond to of 18444

"The company did not announce EARNINGS of $39.0 million ! It announced SIM's 1997 REVENUE of $39.0 million.(See 2/24/98 P>R>)" Correction noted. You are correct, and I meant revenue. Sorry. "Regarding the dividend of ESVS, have you ever seen a stock drop in half, post-dividend. " Yes. Every one that gives a 1-1 stock dividend. In fact, even stocks that give out cash dividends generally drop. It's not as noticible, as it's a smaller value being handed-out. That is, it can get lost in the noise of trading. But, in theory, at least, when a company gives-out a $1 dividend, the stock should drop by $1m because the company has just given $1/share to the shareholders, and so the company has reduced it's cash by $1/share and should be worth that much less. Of course, valuation is more complicated that that. I really would wait till Monday if I were you before you make such statements with such confidence. Do I get an apology if you are wrong? (And you are.)