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

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To: Due Diligence who wrote (338)5/25/1999 7:27:00 PM
From: stockbull   of 370
 
DD, thank you for the information.

I blame the low share price on bad PR and the hostile environment for small-caps. I think that $6-10 is the correct share price. ZMAX has $3.7 million in cash and $5.7 million in working capital available to build infrastructure and acquire additional companies, like the highly successful Eclipse acquisition.

I have good news. I forecast a major price increase to approximately 5 1/4. The chart showed the same pattern from Oct. 6 to Nov. 3 1998 and Dec. 15 to Jan. 15. Both times the price rose to $5 1/4. Now the stochastic shows a strong buy signal. Buy here and gain 70% in a few weeks. Good luck longs.
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