To: Jon Tara who wrote (16320 ) 11/28/1998 3:49:00 PM From: PartyTime Respond to of 18444
The NetVest group came in to take over Star Medical, an OTC shell trading for a penny or less; changed the name to NETZ and did a reverse split and began trading while in the process of buying up companies. One of the first significant strikes was Wide Web Media, a Ruppert Murdoch concern; then Mediabank(?) and then echoMEDIA. It was when the echoMEDIA deal was done when I first invested. That's when my eyes were opened. Significantly, all of these companies were within a specific field of interest, a significant difference than what PRWT has been doing. And, by the way, you should have noted this before criticizing me. No, Jon, this is not a case of selective history. If I remember correctly from reading some of the postings, PRWT goes back almost seven years. That's a long time. NETZ, meanwhile, is like a mid-'97 creation and, forced to change its name due to a competing name, became ZULU in December of '97; with the ESVS merger announcement in the Spring of '98. And who knows where ZULU might have gone free of the ex-SIMER complications, ESVS might not even have become a factor? But that's for the good ole' What-If, Marvel Comics Volume ?????, Number ?????. So, actually, there are really good reasons to take a harder look at PRWT in the comparison to ZULU. Relative to your criticism, which company do I know the best? Obviously, ZULU. Why? I want to go the distance in the field of interest to which I originally invested. I don't want my investment to be spread out into a wide range of wannabe entities. I want cohesion to what I already know exists. Thus, though still open in my thinking, my initial feeling is a PRWT/ZULU deal would not be helpful at least to my investing objectives. What would I like the best? Well, my position is I'm very much in line with Terry T, in that I'd love to see ZULU make it on its own, rather than toying with a borderline Nasdaq stock, ESVS. But that is wishful thinking right now, since both ZULU and ESVS are so tightly entwined, essentially operating as one entity. Still, however, the ESVS delisting needs further examination. ESVS has been limping for some time now, avoiding the early waves of Nasdaq delistings. Were the opposition complaints to the merger--ex-SIMers, et. al.--not so diligent, perhaps it might have survived. Instead it's been set back, another obstacle. So the real question is: Was the ESVS delisting due to minor technicalities in an area or two, or was it because of significant flaws? We need to know this. The upside is Nasdaq has, I believe, streamlined provisions for a delisted company to get back to its status. So I guess the bottom line to everything is: ?????????????? What? Huh? Why? When? Pick your own question! Don't attack me, PartyTime!