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

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To: ChefTalk who wrote (226)12/10/1997 1:01:00 PM
From: Chopper  Read Replies (2) of 370
 
I have to say that the news releases are fantastic on this one BUT if you read their Edgar filing you will be shocked to find that all these so called contracts are freebies to demonstrate the technology.

The company is losing money at a phenomenal rate. Maybe that accounts for the low price PLUS there is lots of competition in the Year 2000 solution AND IBM, if pressed, will give it away free to its better customers.
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