Zmax (ZMAX)/New Year 2000 play Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David Wideman who wrote (90)	2/18/1997 1:27:00 AM
From: ChefTalk	of 370

My sources (with Zmax and otherwise) seem to indicate that there was quite a bit of buying in the US (not just Europe) last week. I heard there were some large buyers who were committed to buying on a contract announcement. I have no way to verify but my contact is a trader who I've known for quite a while and trust. Wish I could visit this thread more often as I feel somewhat responsible (having started it). I have been long from the 7 area and have accumulated stock on the way up. I do disagree with David (and some other posters) as to Zmax's upside potential. While I agree that Zmax may not have access to Zitel's huge revenue stream (in the billions annually) over the next few years. Zmax's solution does appeal to a unique (and very large) segment of the market. If Zmax just reaches 50% of Zitel's current market capitalization we are looking at around a 50 dollar per share price. THAT WOULD MEAN AROUND 30 DOLLARS OF UPSIDE FROM CURRENT LEVELS. Irrational overexuberance? Maybe... but I was told that when I first bought Zmax and have'nt regretted it yet. If Zmax pulls back tuesday it's just another buying opportunity for those who missed out at the 7 and 12 areas. Good Luck

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next