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


To: Ken M who wrote (536)7/26/1998 8:11:00 PM
From: MARIO PASQUA  Read Replies (3) | Respond to of 1206
 
Ken, it seems that you are working overtime, Do you get paid double time?
About the old negative news clips...you can show me as many as you want.
I am not Impressed!
I can also post many of the positive articles. The difference here, is that I don't care. I am happy with my investment.
Cash Rules, cash is King,,,

The only thing I can say to you.... SHORT SOME MORE!

Enjoy yourself ;-))




To: Ken M who wrote (536)7/27/1998 7:32:00 AM
From: Early Out  Respond to of 1206
 
Ken,

This long for one appreciates your posts. Unlike most shorts on other threads, you put substance behind your holdings (borrowings?) in ZAP. Keep up your due diligence, it will serve you well.

My only comment about all of these "portal" posts you have been unearthing is that the ZAP business model is much more than a portal. They will own the sites. This is unlike any other portal on the Internet, and so I'm not sure how fair it is to lump ZAP in with the other portal sites.

Until ZAP streamlines their own site I won't use it as a portal or home page, but I certainly do visit (in fact, already did before even having an interest in ZAP) the sites they have signed up with.

More than anything else, it is this new business model, with a management team that appears to be very fiscally responsible, that makes ZAP an interesting, albeit no major, portion of my portfolio.

Over the past week CNBC has been asking the question of guests, "How do you tell the difference between a good Internet company with no earnings, and a bad Internet company with no earnings?" We don't yet know whether ZAP can run the Internet portion of their business profitably, but if they can, it will get attention.

In my opinion there are better stocks to short. Someone mentioned you have $500,000 short in ZAP, is that true? Where do you see the bottom, when are you looking to cover?

Thanks
-jsc