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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: Stock Watcher who wrote (9978)	6/3/1999 12:28:00 PM
From: who cares?	Read Replies (1) \| Respond to of 52051

Stockwatcher, Francois won't answer me since i'm one of those "bashers" of ZSUN but maybe if you ask him he'll answer. How can he make a profit projection on ZSUN this year when they have refused to disclose how much they paid for OIA? This will likely be the single biggest expense item on any earnings report, without knowing it how can you project anything? Francoise's projections are based solely on a couple of lines about OIA's projected revenues in a ZSUN PRESS RELEASE not exactly an unbiased source of information. In this press release OIA was claiming to be growing at an exponential rate and projected 99 profits north of $2 million on revenue of $15+ million. One would think one might have to pay a princely sum for such a company. Where would ZSUN get the money? As of the first of the year they only had a little over $4 million in assets and that was counting country club memberships, and they did just over $2 million in sales. How could they get financing to buy a much more expensive company? If you look at the numbers that ZSUN has listed on their web site you'll see that over 95% of it's profit last year came from selling stock, not from day to day operations. The remaining bulk of it's profit likely came from it's succesful printing operation in Manila, not from it's internet properties. Finally would the fact that one of ZSUN/Momentum's board members, who is also it's chief technolgy guy, used to run an illegal internet porn site that was shut down after it lost a trademark infringement case with Playboy be of importance? Another ZSUN/Momentum board member was a board member of the company that ran the illegal porn site. In fact that company apparently owned Pinmail, which is now owned by ZSUN. Please refer to this post for the details Message 9910190 What generally happens is facts like these are brought up about a creme company like ZSUN. Someone like Francoise attacks the shorters and goes to any lengths to muddy the waters about what they post. They attack back, and all of a suddent they are evil bashers out to do in the company. I have no problem with someone stating facts supporting ZSUN as a great company, but just to pull stuff out of thin air, or a ZSUN press release, and then have the gall to pass it off as fact, GMAFB. FWIW, ZSUN may very well spike if they ever manage to get first quarter numbers released in a PR. You see they have certain undisclosed stock holdings that they carry on the books, presumably a lot of their own stock since they're always giving it to tout sheets for payment(www.inchannel.com for one, 50k shares) If the stock goes up they book this as profit. Well the stock is on the books at $2.50 from the end of last year and it closed the first quarter at roughly $12.25ish, so they should be able to show a nice profit for Q1, tricking all the suckers into buying. Of course as soon as they have a quarter where the stock is down, such as this one, then the numbers turn real bad. Not to worry, they still haven't reported first quarter numbers, so there's at least 3 months, more likely 4 before they report 2nd quarter numbers. Mr. Burns(evil basher)

To: Stock Watcher who wrote (9978)	6/3/1999 1:19:00 PM
From: Francois Goelo	Read Replies (2) \| Respond to of 52051

S.W, here is the news release on which the projection is based... Projected earnings are $2.5 Millions, not 2 Millions as self proclaimed Evil Basher Burns says. Actually, the acquisition of OIA for ZSUN is akin to owning a gold mine when the gold price was $800/ounce... If you take the time of calculating the earnings growth, based on the first part of the year, you'll find that the projections are very conservative and about one half of what I expect at the end of 1999. Taking advantage of ZSUN multinational presence, OIA will start expanding its business overseas, starting in June and this additional income is not taken into account in OIA's projections. We have raving reviews from posters who have taken the course: one, in particular stated he paid for it out of profits in his first 2 trades. In spite of the dilution caused by the issuance of an unknown number of ZSUN's shares to pay for the acquisition of OIA, I estimate that it should contribute some 50 cents EPS in 1999. The balance of 15 cents to make up the overall earnings of 65 cents would come from ZSUN's current operations that earned 11 cents last year. It should be remembered that ZSUN is a holding Company, like WCAP, and may hold and trade shares in its holdings. In addition one or more profitable acquisitions should come through before year's end. Of course, these are prediction from a biased investor very long on ZSUN. ZiaSun's New Subsidiary Achieves Record Revenues SAN DIEGO, April 28 /PRNewswire/ -- ZiaSun Technologies Inc. (OTC Bulletin Board: ZSUN - news; ziasun.com) announced that its wholly owned subsidiary Online Investors Advantage Inc. (OIA) continues to generate record monthly revenues in 1999. March revenues alone accounted for more than 50% of the 1999 record first quarter results of $4,440,451. April 1999 sales are more than 10% over the March record and are almost 400% better than those of April last year. ''These results are even more impressive given the fact that spring and summer months usually slow down in this industry,'' stated OIA president, D. Scott Elder. ''We're seeing continued strong interest in our online investing training programs as millions of individual investors continue to flock to the Internet to take advantage of the simplicity and cost savings of trading online. Our forthcoming New York program has been oversubscribed by more than 100%, and last week our sales were the single biggest week ever in our country history, coming mainly from second tier markets like Dallas, Houston, Cincinnati and Milwaukee.'' Mr. Elder stated that OIA is continuing to streamline its operations and expects these changes to have a positive impact on profitability. OIA is growing at an exponential rate, projecting 1999 revenues of $15 million with $2.5 million in earnings. Total revenue for the company's first year of operation in 1998 was $3,394,503 with a profit of $153,070. First quarter results for 1999 produced revenues of $4,440,451 with earnings of $878,805. These projections are for OIA's US operations only, and do not take into account the companies international growth potential where ZiaSun has its core operations. OIA expects to roll out its training courses on an international basis by the end of summer, which will be a significant boost to revenues for the company. Online Investors Advantage is the largest company in its specific industry, and is the market leader in educating the US public regarding the benefits, dangers, and required skills for effectively trading stocks on the internet. OIA teaches investors who wish to trade securities by computer how to access and use the tools available on the Internet for optimum investing results. ZiaSun's primary Internet services currently operating are: Swiftrade (www.swiftrade.com), M Finance (www.mfinance.com), PINmail (www.pinmail.com), MediaHits (www.mediahits.com), Search Dragon (www.searchdragon.com) and online Investors Advantage (www.i-advantage.com). Note: Any statements released by ZiaSun Technologies Inc. that are forwarded-looking are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Editors and investors are cautioned that forward-looking statements invoke risk and uncertainties that may affect the company's business prospects and performance. These include economic, competitive, governmental, technological and other factors discussed in the statements. For more information please contact our Investor Relations Department at 800-773-7317. Anthony L. Tobin, President & CEO ZiaSun Technologies Inc. 12707 High Bluff Drive, Second Floor San Diego, CA 92130, USA 12A First Pacific Bank Center 56 Gloucester Road, Wanchai Hong Kong Website Address: ziasun.com D. Scott Elder, President Online Investors Advantage Inc. 852 North 1430 West Orem, Utah 84097 Phone: (801) 229-2794 Email: dscote@i-advantage.com Investor Relations Phone: (800) 773-7317 Email: knowledge@vericom.ca