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


To: Fredman who wrote (14627)10/6/1998 5:46:00 PM
From: wlcnyc  Read Replies (2) | Respond to of 18444
 
We did all the investigation of H & W a little over a week ago. Guess you hadn't returned at that time! The report has already been posted on SI and Yahoo (assuming it hasn't changed since the initial one we saw).

Bill



To: Fredman who wrote (14627)10/7/1998 12:05:00 AM
From: Jon Tara  Read Replies (1) | Respond to of 18444
 
Actually, Hornblower and Weeks is an old, (respected ?) firm.

I find this report quite curious, though, because, by law, aren't they restricted from promoting this stock to their customers? Can't they only promote it to "qualified investors", who have submitted proof of meeting certain capital and income requirements, because of the risks involved in investing in penny stocks.

I suppose they can issue the report, but if one of their brokers calls and trys to sell you the stock, and you aren't a qualified investor, wouldn't they be breaking the law?

Quite curious, indeed.

And the timing, as well. Quite curious how ZULU dropped perciptiously on the eve of this announcement.