Granted, I think that the bubble bursting on zitel is having an effect on all y2k companies including zmax. I also think that, in the long run, zmax will be one of those companies that rises to the top based on management & fundamentals, and resulting contracts. Some have "dissed" the Bessemer announcement has being only 1 M lines of code, but its about a million more than zitel! We've had 8 pilots that I'm aware of, and there are probably many more being run now or coming up on completion. I have every reason to believe that theire success rate will mirror those of the first 8 -zero error rate. If that's the case,or if they even come close to that, we'll see contracts coming from every pilot. For all the "old guard" (of about 6 months) I know its old news but for those newbies to zmax or the y2k problem in general, go to the zmax web site & read about what zmax & CSI bring to the table look at our alliances with Hewlett Packard EDS Wang Hitachi Fiserv Also look at the mgt team Look at what Michel Berty will mean, globally, to this company What a well respected man Mr Higgins is What Mr Yeh has done, and will do for the company
Look at the fact that we've got a stable of programmers ready and wating. That we have a real product in unisys/cobol conversion AND that we are platform independent-very few exist. The fact that we are not yet at full reporting or nasdaq listed tempers any huge upward movement in the stock price-but that's coming
The shorts seem to be putting a huge amount of pressure on the stock, but that'll change. Then they'll be scrambling to cover
I'm confident in mgt & will wait for our turn as the y2k problem moves to page one Good luck to all. |