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Strategies & Market Trends : ZixIt Corporation (ZIXI) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Hua who wrote (1308)12/16/1999 12:03:00 AM
From: Kevin Podsiadlik  Respond to of 4120
 
In honor of Rick's revival of the CUST thread (obsessed? who's obsessed?) a few late night thoughts on our friend David Weinstein:

Back on May 24, Weinstein issued his initial buy recommendation with the infamous $230 price target. That day, embarrassingly enough, and notwithstanding his "we told you to sell" claims later on, marked the very peak of the price of CustomTracks.

If ZIXI fails to surge more than 12 points from here forward, ZIXI will have peaked on December 9th, even more embarrassingly for Weinstein, the day before his upgrade.

A few quotes from Weinstein's July report:

"ZixMail is scheduled to go live for early adopters on August 15 and for the general public at the close of the month."

"ZixCharge is scheduled for general release September 30."

"(W)e believe that ZixMail partners and early adopters will be visible by August 30 and ZixCharge partners shortly thereafter."

Yeah, they never miss deadlines at ZixIt Corporation.

12 trading days to go, and counting.