Some facts & thoughts (Note: BEWARE OF THE THOUGHTS):
Facts:
Word has spread among the ranks that ZMAX legal counsel is being mucho
conservative in letting ZMAX get the word out. This is OK by me, as
most of my ZMAX holdings are now in my IRA, so I'm in no hurry.
Also, ZMAX "scam" stories persist (re former shells), so I took a look
to see what I could find out about ZMAX legal counsel.
An excerpt from:
pgfm.com
<<Powell, Goldstein, Frazer & Murphy LLP is one of Atlanta's oldest
and largest law firms. The firm is currently comprised of over 200
lawyers, of whom approximately two-thirds are in its Atlanta office
and the remainder are in the firm's Washington, D.C. office.>>
Now that may not sound like much (although it's a lot better than
"Guido's Ambulance Chasers, Inc.), but reading through info available
on the internet, this is about as prestigious firm as you could ask
for. Also, their DC address is on Pennsylvania Avenue, for whatever
that's worth.
Anyway, I tend to doubt that a "scam" organization would align
themselves with such a law firm. To me, this even more confirms
Z's commitment to quality.
Consuming more space, some quotes from ZMAX press releases:
<<William A. Swick, Division Manager, at FTS stated
that "...the reason we chose CSI is because they have
the most complete tool suite available, proven in actual
test scenarios, that found 100% of the program changes
required".>>
<<Timothy Scully, Director of Professional Services for
Wang Federal said "CSI provides one of the most
versatile sets of tools and services in our Wang Solution
2000 repertoire.>>
<<Mr. Hugh Bagatelle, Senior Vice President of
Bessemer Trust said, "CSI provided a comprehensive
solution that addressed all of Bessemer Trusts COBOL
and Unisys requirements. The pilot CSI performed was
quick, accurate, and out-performed all other vendors
that we reviewed. We at Bessemer Trust look forward
to developing a long-term relationship with CSI".>>
Some #'s:
02/06-02/27: Price UP from 12.25-16.00; avg. vol. = 203K
02/28-03/07: Price DOWN from 16.00-14.50;avg.vol. = 75K
03/10-03/18: Price UP from 14.50-18.09; avg. vol. = 202K
03/19-05/02: Price DOWN from 18.09-12.13;avg.vol. = 67K
05/05-05/06: Price UP from 12.13-15.13; avg. vol. = 157K
05/07(1 day):Price DOWN from 15.13-14.13;avg.vol. = 59K
Summary:
UP moves: 24 days-total increase of 10.34 points; avg.vol.-199K
DOWN moves: 39 days-total decrease of 8.46 points; avg.vol.-68K
ZMAX price is increasing on heavy volume, decreasing on light volume.
Total shares traded in "UP" periods = 4,778,000;
Total shares traded in "DOWN" periods = 2,649,000
Therefore, many more (or larger) buyers than sellers during this period, even
though stock has increased only from 12.25 to 14.13 (still, 15.3% in
3 months will work for most folks).
DW HYPOTHESIS (note that HYPE is a derivative of this word) states
that: The weak hands are gone. Announcements forthcoming, followed in
due time by obscene profits & even obscener (made that one up) stock
price.
Even if you don't agree with the hypothesis, I think the facts are
pretty neat.
Good luck all,
David |
