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Strategies & Market Trends : ZixIt Corporation (ZIXI)

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To: Dale Baker who wrote (4076)	5/4/2004 6:10:00 PM
From: VIXandMore	Read Replies (2) of 4120

ZIXI guides lower, down 12% after hours. Expect shorts to be relentless here. 4:28PM Zix Corp reports, issues Q2 guidance (ZIXI) 13.61 -0.82: Co reports Q1 EPS ex-items of ($0.30); in-line with consensus; revs were $2.83 mln, vs consensus of $2.95 mln. Co expects Q2 sales of $3.4-$3.8 mln, vs consensus of $4.4 mln, and expects an ending cash balance of at least $24.0 mln (vs Q1 cash of $24.1 mln).

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