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To: BomboochaBoy who wrote (255)4/9/1999 11:54:00 PM
From: Francois Goelo  Read Replies (2) | Respond to of 1567
 
****OT**** Re-post from Stock Watcher's thread...

S W, Didn't you like what I gave you: CBET and FRTI, up 21% today? Encores on...

XNET, WCAP, ZSUN, GTCI, IMOT, SNMM, etc.. are getting harder to duplicate.

CBET has great potential and comes from the same stable as XNET. When NSOL loses its exclusive contract with Government (soon), it should tremendously benefit. Short term target is $20.00. (last time I gave a "ridiculous target", was XNET from 40 cents to $1.50, so don't blame me if I get it wrong again).

FRTI, (probably before the end of this month) has indicated that they are going to tie the knot with a brokerage, so that they'll become a fully fledged financial site. Last time, this type of news sent the stock to $20.00. This time, since the site has matured and Internet brokerages have become fashionable, it'll go higher, perhaps $25.00.


Disclaimer: I am long in both these stocks and therefore biased in my expectation of their performances. I don't get compensated for these "tidbits of wisdom" and you had better do some serious Due Diligence before taking any position.

Regards, F. Goelo + + +




To: BomboochaBoy who wrote (255)4/10/1999 2:08:00 PM
From: Francois Goelo  Read Replies (1) | Respond to of 1567
 
Updated discussion of ZSUN value in relation to Pac.Princess PCNTF (up 38%)...

"ZSUN news today indicated an EPS of 33/35 cents for 1999. That is very conservative and I would not be surprised to actually see an EPS of close to 50 cents for 99, since they always end up revising their projections upwards, due to the fast pace of expansion.

biz.yahoo.com

When you factor in the world wide expansion of the acquired seminar company and the benefits derived from the synergy between the various companies in the ZSUN group, in terms of additional exposure and cross feeding, a 50 cents EPS is not far fetched.

What's the market saying about PE's? A quick check shows PE for
YAHOO at 1800 and 700 for AOL! "Preposterous! It could not possibly apply to ZSUN", you might say. I am not so sure, since ZSUN is a multifaceted Company with little competition at its level, well positioned in the exploding markets of Asia. Only a handful of Internet related Companies are actually listed on a US stock exchange. This rarity factor clearly should increase the PE.

So, let's be conservative and apply a PE of say, 200, times 50 cents forward earnings, to get a share price of $100.00. As a confirmation, PCNTF, which is in a comparable class, although it is already listed on NASDAQ, projects an EPS of 24 cents for 1999 and is currently priced at $72.80, giving it a 1999 PE of 300. Thus, PCNTF with half my projected earnings for ZSUN and trading at 3/4 the projected target price of $100.00, lends credibility to my short term (6 to 12 months) target.

But, since I am reported as "bubbling with excitement" concerning ZSUN's prospects, let's be more conservative yet and apply the PE of 200 to the average EPS of 34 cents for 1999, quoted from the Company Press release: .34 x 200 = $68.00, or nearly four times more than the current price. Now, if you apply PCNTF's PE of 300 to ZSUN's EPS of 34 cents: 300 x .34 = $102.00 again!


By the way, the audit of ZSUN is being completed and the full set of financials should be tabled within 2 weeks. The documents for the application to NASDAQ listing should currently be prepared and I expect a listing approval within 3 to 6 months.

Disclaimer: I am not an investment advisor and am not compensated whatsoever by any of the companies on which I report my opinion. This opinion is for my sole use and potential investor should do extensive Due Diligence before taking long or short positions in any stock. My projections could be way off, as I am biased in favour of ZSUN since I currently own 1,500 shares".


Regards, F. Goelo + + +