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Technology Stocks : Zmax (ZMAX)/New Year 2000 play

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To: Allan Hyman who wrote (163)5/5/1997 5:09:00 PM
From: ChefTalk   of 370
 
Zmax is being recognized by the market as being undervalued when compared to players like Data Dimensions, Zitel, Information Analysis etc...

Allan, which analysts are you referring to when you say "many of the analysts are rating this as a HOLD", I am unaware of any besides Charles Payne-- who rates Zmax a BUY.

As far as your theory that there are forces at work in this stock that have more to do "market" than with fundamentals. You're right, It seems to me that the entire year 2000 industry (for the most part), and most of the stocks there were up today, are being valued by expected future earnings and how effective their solutions are.

If Zmax even approaches the current capitalization of say Data Dimensions (300 million), ZMAX WILL BE TRADING AROUND 50 DOLLARS A SHARE.

Maybe this is wishful thinking, but after watching the runups of stocks like those I mentioned above I DONT THINK SO.

Good Luck
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