| Business Summary | | Zapata
Corporation
is
a
holding
company
that,
through
its
subsidiaries,
operates
primarily
in
two
industry
segments,
the
food
segment
and
the
Internet
segment.
Zapata
operates
its
food-related
businesses
indirectly
through
its
61%-owned
subsidiary,
Omega
Protein
Corporation,
and
its
38%-owned
company,
Viskase
Corporation.
Omega
Protein's
marine
protein
operations
involve
the
production
and
sale
of
a
variety
of
protein
products
derived
from
menhaden.
Viskase
is
engaged
in
the
food
packaging
business.
Zapata
operates
its
Internet
related
businesses
directly
and
indirectly
through
its
wholly
owned
subsidiary,
Charged
Productions,
Inc.,
and
its
98%-owned
subsidiary,
Zap.Com
Corporation.
Charged
Productions
is
a
multi-media
production
company
that
operates
several
Websites.
Zap.Com
was
formed
for
the
purpose
of
creating
and
operating
a
global
network
of
independently
owned
Websites. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Zapata
Corporation
conducts
operations
in
two
business
segments:
food
and
Internet.
The
Company
produces
and
sells
marine
products
and
supplies
food
packaging
products
and
food
service
supplies.
For
the
six
months
ended
6/30/01,
revenues
fell
5%
to
$38.1
million.
Net
loss
totaled
$10.8
million,
up
from
$3.1
million.
Results
reflect
lower
sales
volumes
of
fish
meal
and
fish
oil
and
a
$10.9
million
loss
on
non
investment
grade
securities. | More
from
Market Guide: Significant
Developments |
| Officers | | Malcolm
I. Glazer,
Chmn. Avram
A. Glazer,
Pres./
CEO Leonard
Disalvo,
VP/CFO Gordon
E. Forth,
Secy. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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