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Strategies & Market Trends : ZixIt Corporation (ZIXI)

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To: lindend who wrote (4037)10/31/2003 2:34:15 AM
From: Dale Baker  Read Replies (2) of 4120
 
ZIXI has a $216m market cap for $4.5m in trailing twelve months sales, and ongoing cash burn of course.

Good stock for the longs who bought under $5 but still a long way from even breaking even much less a profit. Their gross margins are terrible for a software company. Unless they can grow sales geometrically, ZIXI will continue to suck in investor money and vaporize it quarter after quarter.

That said, I wouldn't want to be short with the jam underway and the bizarre cult devotion to this large steaming turd.
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