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Technology Stocks : Zapata (ZAP) -- Ignore unavailable to you. Want to Upgrade?

To: Ken M who wrote (423)	7/23/1998 11:04:00 AM
From: MARIO PASQUA	Respond to of 1206

Sqeeze..... LOL.. maybe you should take into consideration to what happened to other internet stocks.. Like you said: " Its only money" Going Fishing..hope I'll catch a big one.. Good trading

To: Ken M who wrote (423)	7/23/1998 11:16:00 AM
From: DanZ	Read Replies (1) \| Respond to of 1206

Ken, <Smart money did not cover, trick did not work> Oh really? And how do you know that? Let's see, volume is 2.1 million shares already. The average trade size is only 925 shares right now but I have seen quite a few large buyers on the offer. I don't think a buyer of 20,000 shares is dumb. IMO, ZAP is going to at least $30 in the next few months. I'm basing this on earnings of $1.00 a share and a multiple of 30. Expect some upgrades soon from the current $0.80 estimate. It's way too low. The fish business is doing exceptional and the Internet business is going to add to their tremendous growth. My $30 target is conservative because I think the market could actually assign this company a multiple of 40 to 50 times earnings. You are fighting the tape my friend. BTW, I agree with Archer about the extraordinary gain but disagree with shorting the stock because of it. This seems like an emotional decision rather than one based on either TA or FA. If ZAP breaks 23, look for a very quick pop to 24 1/2. This is based on my read of the chart. Best of luck to all.