To: DAY TRADER who wrote (1781) From: ag Monday, Jan 24, 2000 5:36 PM ET Reply # of 1782
bought some zomax/zomx shares today. tried to buy more for fifteen minutes before the close and my trades would not go through. have had a zomax call option since bought my powerwave/pwav call option months ago. zomx has gone from 30' to 50's during this time. when zomx started shooting up the past few days i said. this is just what pwave did. (pwave went from 45 to 90+ in less than two weeks)
i finally pulled the trigger and bought and zomax dropped a few dollars a share, and when i tried to buy more they would not sell it.
bid now on instanet is 60 ask 63.
earnings were ok (G)Zomax Incorporated Announces a 982% Increase (to $.69/Share) in Fourth Quarter 1999 Earnings
MINNEAPOLIS, Jan. 24 /PRNewswire/ -- Zomax Incorporated (Nasdaq: ZOMX - news) today reported record sales and earnings for its fourth quarter ended December 31, 1999. Sales for the fourth quarter increased 268% to $64,283,000 from $17,463,000 for the same period last year. Net income for the fourth quarter of 1999 increased 982% to $11,488,000 from $1,062,000 in 1998. Diluted earnings per share were $.69, compared to $.07 in the fourth quarter of 1998, an increase of 886%, on 11% more shares outstanding.
just traded at 61 |