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Strategies & Market Trends : ZixIt Corporation (ZIXI)
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To: Tom Hua who wrote (1392)12/30/1999 11:12:00 AM
From: jjs_ynot  Read Replies (2) of 4120
 
Tom,

But the company hasn't signed up any financial institutions for
ZixCharge yet. Mr. Cook says CustomTracks has had talks with several companies, including American Express, Bank of America, Bank One's First USA credit-card unit,and Citibank.

While Mr. Cook is optimistic the company will land contracts in the next few months, he offers some frank advice to investors. "If we don't get some financial institutions signed up by the end of the year, sell your stock," says Mr. Cook. He says he figures if the company can't sign any by January, it would be a sign that financial institutions don't want the product.

Looks like investors are taking Mr. Cook's advice and dumping the stock. Too bad. No year end bonus for Ricky for keeping the stock pumped up.

Dave
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