Copy of a post I made on ZMAX - AOL message board:
<<Received in the mail today a copy of newsletter "Special Situations
Analyst" - they're sending complimentary copies in an attempt to build
customer base. Their claim is "$100 for a full year, 4-12 seriously-
researched, timely stock recommendations."
This is just the 2nd edition. First recommendation was MCNS -
recommended at 1 1/4 on 12/01/96. Closed today at 1.70 - one for one,
so far.
Dated 02/21/97, this issue recommends ZMAX. Report includes y2k
overview, ZMAX background, financial projections, ZMAX key personnel,
beyond 1999, comparatives w/competition.
Some highlights:
"ZMAX estimates that it will be able to serve 77 mainframe clients
during these 3 years, and that is all. These clients are expected to
generate $425M in revenue over the 3 years ($5.5M avg. per full
conversion - a highly conservative estimate). The company projects
nearly $100M in net profit in total for the 3 years, ranging from $1M
in 1997 to $69M in 1999."
". . . at a PE of 10 to 15, ZMAX, by achieving its modest projections,
would carry a $70 to $150 share price. Alternatively, as a buy-out
candidate 12 months from now, in the heat of conversions, with one of
only 10 to 20 sets of proprietary, validated software, the PE for ZMAX
could well be astronomical."
"ZMAX is the one we back as an investment, a strong speculative buy up
to $25-$27 per share."
If interested, e-mail me with your fax # and I'll fax full copy.
Or you can call Special Situations Analyst at (818) 542-6899.
Looks like ZMAX might just keep travelin' north,
David>>
dw85@aol.com |
