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Technology Stocks : EFAX.com - easy-to-use fax-to-email technology
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To: Jeffrey D who wrote (951)4/8/1999 6:55:00 AM
From: J.S.  Read Replies (1) of 1197
 
Jeff, Be careful with Zacks or any other reporting service. When they say updated at such and such a date it does not mean that the analyst has updated any projections. The analyst may have switched firms or may not even cover the stock anymore. I doubt these projections are worth much given the change of strategy for EFAX. This quarter they are incurring many costs that were not factored in due to these changes. I would suggest calling these analysts (Cowen and Prudential?) to check. I have seen companies in bankruptcy (chapter 13 with little left for the bondholder let alone the equity holder) with strong buy ratings from Zacks. Take Care, Joe
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