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


To: Jon Tara who wrote (13795)9/11/1998 11:38:00 AM
From: aleta  Read Replies (2) | Respond to of 18444
 
How did $39M become $32.8M?

Could they have been working with unaudited figures at the time of the original PR on $39M?

How is $9.5M "most" of $27M

They used the word "primarily" Jon. I'd say $9.5M is a primary part of the $27M, but not "most" of the figure. You really need to use the words from the article.

Finally, if they are reporting on form 8-K, how can they be reporting only for Zulu-Media, and not Zulu-Tek?

That's a good question. Maybe someone with a lot more market savvy can answer that one for you because I haven't the slightest idea.



To: Jon Tara who wrote (13795)9/11/1998 11:42:00 AM
From: BlueFox  Respond to of 18444
 
How did $39M become $32.8M?

The 39M was posted in the days when they used Dewey, Cheetem, and Howe as their PR firm. As PT would point out, the dollar sign, the three, and the million were facts.



To: Jon Tara who wrote (13795)9/11/1998 11:42:00 AM
From: wlcnyc  Read Replies (2) | Respond to of 18444
 
Jon,

Let me take a stab at it!

Your Statement:
<i<How is it that a $27M deficit can be accounted for "mostly" by a $9.5M write-off? How is $9.5M "most" of $27M - I thought that "most" meant "quite a bit more than half". Is this adorning the truth?

Their Statement:
"The deficit resulted primarily from the decision to write off over $9.50 million in good will, ammortization, and to fully reflect the liabilities incurred by SIM during the period."

My Comments:
The word they used was actually "primarily!" The last sentence above COULD mean $9.5 million in good will AND amortization AND liabilities!

In other words, the 9.5 million could be in good will alone! No?

Bill