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

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To: Samuel Bolles who wrote (189)7/8/1997 11:28:00 AM
From: David Wideman   of 370
 
Samuel,

I spoke with both Tom & Mark @ ICC this morning. Sounds like much ado
about nothing. Evidently, Atlas Capital feels like Nazerali owes them
compensation for whatever part Atlas played in ZMAX' acquisition of CSI.

ZMAX had to report this, as they are now a reporting entity. Supposedly,
court date is set for Thursday, where ZMAX should be released from any
liability. Hopefully, we'll see a press release on Friday confirming
this.

So, the good news (IMHO) is that there's no bad news. On the other hand,
the bad news is that there's no good news. I'm still of the opinion that ZMAX
has an A-1 management team and will prosper.
Considering that we're currently running no better than 95th place in
a 100-horse y2k race (IMHO again), I sure hope so.

Still patient though not wealthy,
David
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