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


To: re3 who wrote (1037)1/25/1999 3:28:00 PM
From: Bootz  Read Replies (2) | Respond to of 1206
 
Likely scenario, like it or not. Here's how it works.

First, the decision to get back in the Internet biz is a stroke of, for want of a better word, genius, even if under the guise of desperation. For one thing, it blows the lawsuits, the many, many lawsuits, completely out of the water. Has everyone forgotten that Internet stocks did tank back in October, just like everything else, and that the decision thus arguably made good business sense at the time?

Now, the Internet stocks are back, with a ridiculous vengeance. Look at something like CTRN today that doubled just because it announced a 2-for-1 stock split.

So here's how it works. When ZAP announces its new portal page, the stock will at least double, let's say to $20, if not more. In MHO, anyone who gets out before then is simply burning good money. This is a guaranteed given in the present market climate.

But wait, there's more. The day trading will begin and the faint of heart will get out, happy to have gotten their money back. That'll probably drop the price from $20-25 back to the $15-20 range. After a couple of weeks (or months) of this -- you guessed it: the second shoe drops, in the form of a stock split. Presto! the stock doubles again, from $15 to $30, although quite a bit more wouldn't be out of the question, given the present aforementioned appetite for Internet stocks.

IMHO, $10 down on ZAP today will get you $30 by the end of February.

Bootz



To: re3 who wrote (1037)1/25/1999 4:15:00 PM
From: George Gotch  Respond to of 1206
 
what are you talking about? I think you have me confused with someone else. You are the one insulting me saying go away cause I commented on Zap's strategy for entering and leaving the net depending on the direction of the net's stock prices. Or maybe you are confusing me with someone else..???But, whatever..I will not talk to you again if you choose..Have a nice day!