To: Terry T. who wrote (15535 ) 11/10/1998 8:06:00 PM From: PartyTime Read Replies (1) | Respond to of 18444
Theories.101--From memory, wasn't the deal contingent on the value of each Zulu share being .056? Also, the folks with the real money buy Nasdaq-type stocks, not Zulu-type stocks. Moreover, anyone whose been buying penny stocks is likely already aware of the hammering which Zulu has taken. The deal is done, it's both been filed and reported in the press. It's been poignantly stated only the respective shareholder and SEC approvals are needed in order to consummate the respective "I do's." Therefore, it doesn't matter what Zulu is trading at because it's already factored in at .056. Remember? Read the filing. And if PR has gone out to brokerage houses--and there's been claims to this effect--and not to the general investor, why shouldn't we expect ESVS to rise, this coupled with the favorable press on ecommerce-type stocks. We might also consider that the ex-SIMers have been poised to file a lawsuit if Zulu repeated what it did before, spike to $1.50. Meanwhile, Zulu's assets have been minimized and its operations well under the control of ESVS, which, I think, makes it difficult for the ex-SIMers to do anything but sit it out and wait and wonder. Perhaps, in time, as ex-SIMers move into other career positions and continue to do well from their Yahoo holdings (gotten from the Softbank Holding Company-Japan deal) and realize that they stand to do well with a successful ESVS, this whole conflict will fade and all the lawsuit talk and action will quietly move out the back door. So Zulu has had a double whammy with which to contend: a) the silence inherent to any kind of merger deal; and b) the difficulty of speaking out when there's a cloud of potential litigation (from the ex-SIMers) hanging above. In closing, brokerage houses are first and foremost going to embrace ESVS before Zulu any day. What we are seeing today is probably the fruits of their interest and actions. Thus, is my attempt to explain this mystery--for what it's worth.