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Technology Stocks : Zapata (ZAP) -- Ignore unavailable to you. Want to Upgrade?

To: WhipsawMcGraw who wrote (995)	1/7/1999 5:49:00 PM
From: RJC2006	Read Replies (1) \| Respond to of 1206

Agreed. In order to generate revenue Zap has to offer something first that will get people from zap.com to amazon.com. Ok, so where is the interest in zap to do that? Well, I haven't seen it yet.

To: WhipsawMcGraw who wrote (995)	1/7/1999 8:29:00 PM
From: mr.mark	Read Replies (1) \| Respond to of 1206

here is the reuter's piece. i kinda' get a kick out of the pr spokesman saying the ceo's intention is to become "somewhat of a portal". lol! Zapata (NYSE:ZAP) to refer future Web users to Amazon Reuters, Thursday, January 07, 1999 at 16:09 NEW YORK, Jan 7 (Reuters) - Fish oil firm - and soon to be Internet startup - Zapata Corp. (NYSE:ZAP) said Thursday that it will market Amazon.com products on its future Web site in return for referral fees. Under the deal, Amazon.com will pay Zapata's Zap.com subsidiary fees ranging from 5 to 15 percent of the sale price on more than 1.1 million titles, CDs and videos, Zapata said. "According to Amazon.com, five of the six most visited Web sites are already Amazon.com Associates," Avram Glazer, Zapata chief executive, said in a statement noting that Amazon.com products are marketed on Yahoo!, Excite, AOL.com, Geocities and Netscape. News sent the Zapata's shares up 2-3/16, to 14-5/8, in Thursday afternoon trade. The stock made almost a $6 jump in December when the company said it would relaunch its online strategy after abandoning it in October. A company spokesman said Zap.com will be launched in "a few weeks," but he did not know what services or information the Web site would contain. Glazer's intention with the subsidiary Zap.com is to become "somewhat of a portal," Keith Lanigan, the public relations spokesman, told Reuters. "He hasn't come out with the specifics of his new plan yet." Zapata's Internet operations are handled through its Zap subsidiary. In July the company unveiled a plan to become "one of the largest Internet companies in the world." But in October, Zapata nixed the idea citing low Internet stock prices. Zapata owns 60 percent of marine protein company Omega Protein (NYSE:OME) and 40 percent of Viskase (NASDAQ:VCIC), a global food packaging company. Copyright 1999, Reuters News Service