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

To: Terry T. who wrote (16988)	12/15/1998 12:25:00 AM
From: PartyTime	Read Replies (1) \| Respond to of 18444

Terry, as to your points: >>>(i) people were leaving the company like rats in a sinking ship<<< They weren't when that press release came out. That was afterward that the "rats in a sinking ship" language was introduced by Zulu detractors. >>>(ii) sales were plummeting<<< Perhaps why Zulu got such an attractive deal, given Softbank Holding was deeply enthralled in the Asian Contagion. >>>(iii) the total revenue would have to be pared down dramatically to reach a break even or doable level<<< Terry, I think you ought to go back and check the date of that press release measured against the date to which Zulu-tek acquired Softbank Interactive Marketing. And you're also forgetting that Doubleclick made a similar kind of announcement itself relative to comparing itself to Yahoo and AOL. Remember? >>>(iv) clients were leaving. Now, if you find that press release to be balanced and to provide full disclosure, I feel sorry for your perspective of what is honest reporting of facts by management to its shareholders.<<< No, Terry. You're wrong. Clients weren't leaving then. Subsequently clients left, essentially following the leads of the ex-SIMers. If I worked at All-State and then began working for Metropolitan, some of my clients would follow as well. But the reality is that folks were critical at that time because Zulu's claim was not backed up by public audit for verification. That audit has since come out and those revenues were, in fact, verified. So none of the reasons you've mentioned above were the causes for the criticisms at that particular news release at that particular time. Remember, my statement was made in the context of folks criticizing Zulu for putting out too much information and that they now criticize them for not putting out any information. All of this, of course, while the infant Zulu is just learning its first walking steps.