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To: Challo Jeregy who wrote (25201)	7/6/1998 5:27:00 PM
From: tdl4138	Read Replies (1) \| Respond to of 95453

Challo, I thought like you did...Zapata has a strange history... But I did buy 10 August 12.50 calls this morning @1 5/16.. Closed at 9 5/8... Now...if only MDCO and FGII will start an internet company... Just my thoughts Dave

To: Challo Jeregy who wrote (25201)	7/6/1998 9:05:00 PM
From: shane hartman	Read Replies (1) \| Respond to of 95453

Yeah. I couldn't stand it either. But I bought ZAP at 14 and dumped at 20. Makes me feel better about the red ink I see in all my service stocks. It is sickening to make money on crappy companies like ZAP when good companies take it in the shorts.

To: Challo Jeregy who wrote (25201)	7/7/1998 1:14:00 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 95453

Is Zapata's CEO Glazer - of the ''Glazer'' family from the Cityscape caper ? ...maybe you were lucky after all - in not buying. The net stocks are shear insanity... The only one that ever caught my interest was AOL as they generate what -4 Million monthly subscribers... or perhaps CMGI as ''the'' internet incubator-venture capital co. These people did not even have time to analyze Zapata's new Internet buys - they just hit the ''buy button'' as soon as the news hit - certainly a trading opportunity, but the day of reckoning MUST come...some of these net stocks are no different than KTEL or BATT or was it BAAT ?