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

To: Jon Tara who wrote (8945)	6/16/1998 12:21:00 AM
From: PartyTime	Read Replies (1) \| Respond to of 18444

Jon, I finally have to say it: YOU'RE FULL OF BS AND ALL THAT OTHER CRAP and you severely demean logic and truth! The below describes some more about your great Hayton basher. What's the famous line about people who live in glass houses? Oh yes, Kevin Licthman sure did promote stocks. When he started this thread (how many others are out there?) DRIP's high was 6 1/4 and it's low was 5 3/8--today it trades at .375. I haven't gone through all of the posts on the DRIP thread. But as you'll see, most of them are negative. I should note that most Zulu posts are at least positive. But as recently as September 3, 1997, SI DRIP posters were still asking Kevin questions about what was happening with the stock. I should point out that the stock currently had a last trade of 0.375 with a bid of 0.31 and an ask of 0.437. It's average daily volume is 9,3000. How can this man possibly complain about Hayton? SI: DRIP (ticker symbol) Started By: +Kevin Lichtman Date: Jul 22 1996 10:59AM ET From www.insidewallstreet.com Spa Faucet, Inc.(OTCBB: DRIP) "When A DRIP Becomes A Flood" In an article in the Investors Chronicle newsletter this month, Jimmy Holton writes "Savvy investors that want higher yields will want to target small cap stocks that are projecting larger than average revenues and earnings increases. "California based Spa Faucet, which became public barely three months ago, exemplifies these growth characteristics. But, as a result of their "back door" IPO through reverse merger, news of this profitable and fast growing company's success is still virtually unknown to investors. Spa Faucet, Inc. has been manufacturing and distributing decorative faucets and accessories for 19 years. Until recently, Spa concentrated on low-quality, low-margin "loss-leader" products. As competition for low-end products intensified, the company changed its strategy, focusing on higher-quality, higher margin products that are price competitive with the top brands. With an infusion of working capital in late 1995, Spa Faucet was able to increase manufacturing capacity leading to increasing sales and profits. Spa Faucet products are now carried in Home Depot, Lowes and other major hardware stores. Even more exciting, company revenues which have grown the last few years are about to explode as SPA rolls-out national distribution and expands its product line. Spa currently offers over 40 items in chrome, porceline, brass and 24-Carat gold plate. Already, in its first quarter since the merger, SPA reported .07 a share profit on $2.4 million in revenues for the three months ended 6/30/96. Based on current product orders, the company expects to exceed those figures in the next couple of quarters. Revenues for 1996 are projected to top $17 million with annual earnings of about .40-.50 per share. Spa shares are currently traded on the OTCBB under the symbol: DRIP. The company has filed an application for a NASDAQ Small Cap listing pending submission of its initial form 10. A NASDAQ listing would greatly increase its exposure to investors and maket makers. More importantly, as word of Spa's earnings gains a wider audience, share prices are likely to trade at higher multiples. Hot Stock of The Week at a glance: Company Name: Spa faucet, Inc. Ticker Symbol: OTCBB: DRIP Company Contact:Leonardo Sudman Address: 8926 Comanche Ave., Chatsworth, CA 91311 Phone:818-718-9305 7/19 Close: 5 7/8 52 week high: 6 1/4 Low: 5 3/8 Estimated float: 1 million Shares Outstanding: 5.1 million * 52 week high/low since 3/31/96 merger only And then there are these comments from thread participants, most of them feeling burned. I haven't read through them all, just about 25 of the more recent ones. Do some digging, if you like. exchange2000.com