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Non-Tech : Bill Wexler's Dog Pound -- Ignore unavailable to you. Want to Upgrade?


To: Marconi who wrote (4650)11/4/1999 5:25:00 PM
From: Bob Trocchi  Read Replies (2) | Respond to of 10293
 
Marconi...

>>What is your sense of the likely high for ZIXI near term? <<

There is no "sense" to the price of ZIXI! I never thought it would hit 40 again so what do I know about companies that have only hype to drive their prices up. It is hs a market cap of close to $750M. Go figure.

I expect that the element that is driving the price of ZIXI are 1.) A potential stock split. I have no facts to base this on just a hunch. I know that splits do not change the company fundamentals one bit however, it does sound nice and to some stock holders that is music to their ears. 2.) They should be announcing the delivery of ZIX Mail (finally) and my guess is they will couple that with the quarterly results which if I recollect correctly that will be next week.

Thus I am guessing around 50 as the high and I feel this is a buy the rumor sell the news.

Since I consider ZIXI a "core" short holding, I am not going to concern myself with various spikes. When I try to play these spikes, my timing stinks. I feel this is a very safe long term short but it will take awhile. Remember ZITL and ZONA both took what seemed forever to achieve their natural value.

Regarding NVX, I have never followed it and thus have no opinion what so ever.

Regards

Bob T.