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

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To: JJMM who wrote (278)5/26/1998 4:10:00 PM
From: TD  Read Replies (3) of 370
 
JJMM, spent some time looking at web site and speaking with Mark at IR for zmax. went in today and finished up our buying at 10. That will be our buy limit. Mark indicated that he liked the way the stock was trading today with such large volume.

Went on to say three or four more contracts will be announced soon. He hinted that they were fortune 100 type companies. The more research I do the more I like this company, clearly think you may be correct that 20 is a possible target.

Mark stated that the Lockheed contract is for federal only as we knew, but there is a possibility of getting more Lockheed business, he stated if zmax did get Lockheed as a full Y2K client then the company will be "made"

Also learned management owns 3 million shares and are restricted until $1.25 per share positive cash flow is acheived. Mark said that canadian markets had to sell out postions today for some reason, not clear why.

Any other info you have appreciated, td
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