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

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To: Urlman who wrote (301)12/22/1998 2:48:00 PM
From: Rollcast...  Read Replies (1) of 370
 
Zmax CC notes. Came in a little late so this may not cover all points made...

- 3rd consecutive quarter of profitability
- 100 % client satisfaction
- balance sheet as strong as ever (debt free)
- 99 revenues expected between 30-50 million
- plan to announce hiring of marketing/investor relations firm in first quarter

Acquisition
- adds 100 employees and did 8.5 million in revs this year
- will be accretive to Zmax earnings in '99
- Eclipse has shown 60% growth rate the last 3 years
- expands Zmax into 6 more IT areas outside of Y2K

Several more acquisitions planned in 99. No TAVA/CMED mention in what I heard (again I missed some).

Higgins emphasized that he felt Zmax was undervalued and ignored and that they would make efforts to gain recognition in '99. Also read forward looking statements disclaimer though.
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