Samuel,
re: basis for "guns loaded" - pretty much just what's been released to
the public:
New Chairman, Michel Berty, who was former Chairman/CEO of Cap Gemini
America. Cap Gemini = $3B company, one of the largest IT providers in the world.
President Mike Higgins brings strong resume to the table, and through
e-mail from other ZMAX longs, sounds like he's a winner.
Contract w/Fortune 100 company
Successful completion of field test with S&P 500 company.
Alliances with EDS, HP, WANG, First Technology Solutions
Other e-mail plus conversations with Mark @ Investor Communications
re ZMAX accuracy, pilots, "potential" contracts (won't repeat herein - no hype!).
Reminders from Mark @ ICC of ZMAX strength in Europe. IMHO, this is validated
by facts such as:
$5M private placement came from European banks/financial institutions
New Chairman is former Chairman/CEO of huge corporation w/strength in Europe
HP includes HP Europe
ZMAX Board of Directors (other than Berty) carries strong international ties
When I allude to ZMAX getting "guns loaded", I'm referring
to the stock as well as the company:
Relatively speaking, ZMAX boards (on SI & AOL) are among the least
followed in the y2k sector. Individual investor (in general) has either
never heard of this "Z" or is certain of its imminent collapse because of
articles like the Times. If that article was your first impression of ZMAX,
would you even bother to look further? Not me.
So, DW's logic (which is all I have to go on but wouldn't advise anyone else
to do the same) says that this "Z" has been hammered to the point of saying
"adios" to the weak hands and preparing to set sail on a northbound course.
At least we won't have to wait 20 years to find out.
Adios (to ZMAX longs, not the stock <g>),
David |
