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Replies to #1794 on ZAP (fka ZAAP)
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Long Haul Trucker

04/18/11 11:09 PM

#1797 RE: lolita_cachita #1794

Lolita,
I am very much a novice at analyzing financials. I did read it through though, and came away with the impression that Zap is in a more precarious financial situation now, compared to last year, less cash reserves, lower sales, etc. It appears to me that they are banking on getting a foothold in Asian markets. In my opinion that is a good plan for the long term, but I don't feel confident that Zap has the resources it needs to last that long and especially, to stand up next to the larger motor companies that are eyeing that market now.

I.E. I am not optimistic. I am holding my (small) position on the gamble that they are able to pull through. But I'm not ready to commit more to this.