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Microcap & Penny Stocks : Zia Sun(zsun) -- Ignore unavailable to you. Want to Upgrade?

To: Francois Goelo who wrote (2035)	5/28/1999 1:24:00 AM
From: who cares?	Read Replies (1) \| Respond to of 10354

Exactly how much did ZSUN pay for this wonderful OIA company. Exactly being within say a million or so. It must be a lot since it's supposedly growing exponentially, will do 15 mil in revs this year and two mil in profit, and that's not even counting the overseas expansion. Why I bet a profitable internetlike company like that would have to sell for $10 to 20 million in a firesale and this wasn't no firesale. Of course ZSUN with it's paltry 4 million(counting country club memberships) in assets couldn't afford that much. So where did they get the money? Or were the folks at OIA so into helping people that they sold this exponentially growing, profitable business for a few shares of ZSUN? I don't believe i've ever heard of an acquisition touted in a PR, where the price wasn't mentioned, especially for a non reporting BB that's fond of throwing around numbers and projections. So will they tell us the cost now, or do we have to wait until Christmas when they file the 2nd quarter numbers(on their website) or maybe before then when the SEC beats it out of them. Buyer Beware. Mr. Burns

To: Francois Goelo who wrote (2035)	5/28/1999 9:35:00 AM
From: StockDung	Respond to of 10354

Pricey seminar not needed to learn online investing By Jane Bryant Quinn Washington Post Writers Group Friday, May. 14, 1999 at 22:04 CDT Anything new that happens in the investment world is sure to become a hook for somebody's get-rich-quick hustle. Today, the hustlers are riding the online investment craze. Their hype makes computers sound like magic money machines. You just learn the right "strategies," (at a pricey seminar) click your mouse and rake in the bucks. Without doubt, there's plenty to learn about using computers to help you pick stocks. But a lot of teaching is free on the Web or available in books or classes that are modestly priced. You don't have to pay the stiff prices the gurus charge. Take the Utah-based Online Investors Advantage, which swooped into New York City last month on a blitz of hyperventilating radio ads. My associate, Dori Perrucci, attended one of its free seminars. About 150 people showed up. They heard a 90-minute sales pitch for OIA's two-day investment boot camp: $2,995, if you sign up "right now," and $1,995 for the home-study version. No cash? No problem. Put it on your credit card. OIA's pitch is familiar to any connoisseur of quick-buck games: "Retire early and retire rich." "Use the Internet to turn Wall Street into your own personal gold mine." "Turn as little as two hours a week into hundreds -- even thousands -- of extra dollars every month." OIA's co-founder, Ross Jardine, says that's no hype because many people are indeed getting rich in stocks. His seminars are packing them in. OIA reported $4.4 million in revenues in the first quarter of this year, compared with $3.4 million in the last three quarters of 1998. At OIA's boot camp, attendees learn how to use a Web-based stock-screening program that supposedly shows you which stocks to buy and sell. (The program isn't OIA's; it's leased from Telescan, another company on the Web.) They also learn about option trading, and get a newsletter that they hope will make them richer quicker. This package of services costs $495 every half year. Jardine supplied us with two happy customers to talk to -- Jim Carpenter, 47, identified as a consultant in Dallas, and Carol M. of Salt Lake City, a flight attendant, who didn't want her last name used. Both said they've made money fast, by buying and selling options. Joyce F., 65, of New York City, attended the same free seminar that Perrucci did. She's a physical therapist, disabled, looking for a new line of work and doesn't own or use a computer. She went on to take the $2,995 course, putting the cost on her credit card. Her verdict: "Way, way over my head." She still hopes to make money with the system, but says it's "not for people who are beginners with computers or with investing." For lessons in online investing, you don't have to pay nearly as much as OIA demands. Lessons are available in many places. For example, the highly regarded stock publication, Value Line, charges $85 for lessons about its stock-screening service (the service itself costs $995 on the Web, or $570 on paper). Dow Jones, which publishes The Wall Street Journal, offers six Net-based courses at $49 each.