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


To: MARIO PASQUA who wrote (612)7/29/1998 11:08:00 PM
From: D & G  Read Replies (3) | Respond to of 1206
 
Board's pretty quiet tonight in anticipation of earnings tomarrow. I for one do not like all the talk on the YHOO board about hitting 30+ after announcement. From my experience, everytime a stock looks like it should go up, it usually goes the other way. The only thing that will move this stock is if management can convince the analysts that they have a sound business plan. Forget earnings. The other internet stocks have been mostly moved by individual investors, not institutions. ZAP needs positive media coverage and some well funded institutions to issue buy ratings tomarrow. The problem is that most analyst don't understand the internet or it's earnings potential and hence, have a hard time assigning a multiple to the sector. Should be interesting. DJF