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

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To: ChefTalk who wrote (91)2/18/1997 9:38:00 AM
From: David Wideman   of 370
 
Niko,

I hope (& think you might be) right in your assessment of heavy
buying in the U.S. This morning, prior to opening of the U.S. markets,
ZMAX is showing a volume of 43,000 (bid-17, ask-18).
With no understanding of how this German market works, it looks like
the 43k shares would represent German volume. This would indeed leave
heaviest buying on the American side, as ZMAX volume has been
averaging 150K+ daily for 1 1/2 weeks now, not even counting the big
day last Monday (900K).
Would appreciate any enlightenment from someone out there who knows.

re: ZMAX upside potential - don't think I've ever mentioned it; like
you, I see it as exponentially higher. With emphasis on the word
"potential" - if ZMAX has the goods, I can see a big "50" (and
who knows if not more, for the strongest of heart?)one day before
01/01/00.

Good luck to all,
David
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