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Gold/Mining/Energy : ZENON Environmental
ZEN 77.480.0%Nov 21 4:00 PM EST

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To: matt b who wrote (11)7/27/1998 8:51:00 PM
From: Bannick  Read Replies (2) of 71
 
Matt,

ZENON went public in 1992, revenue from the first year was around 40 million if memory serves correct. Since that time the revenue has grown to approximately 60 million for 1997. Forecasts for 1998 run around 65-80 million. Math is not my strong suit but they continue to grow the revenue side.

One noticeable trend is to bigger jobs, 5 years ago a 500K job was large and noticeable, ZENON today seldom announces anything less now than a million dollar order. A single larger water plant (>10 MGD) could easily add 10-15 million to revenue at the single time.

I like the prospects, and yes you are are correct that there is competition. In my opinion ZENON has a product (ZeeWeed) that beats currently available products given its wide range of applications.

Let me know what you think about the products ?.

Do you follow any of the companies you mentioned ?.

Regards,

Mike B
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