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


To: lindend who wrote (4037)10/31/2003 2:34:15 AM
From: Dale Baker  Read Replies (2) | Respond to of 4120
 
ZIXI has a $216m market cap for $4.5m in trailing twelve months sales, and ongoing cash burn of course.

Good stock for the longs who bought under $5 but still a long way from even breaking even much less a profit. Their gross margins are terrible for a software company. Unless they can grow sales geometrically, ZIXI will continue to suck in investor money and vaporize it quarter after quarter.

That said, I wouldn't want to be short with the jam underway and the bizarre cult devotion to this large steaming turd.



To: lindend who wrote (4037)10/31/2003 2:50:50 PM
From: Kevin Podsiadlik  Read Replies (2) | Respond to of 4120
 
Aww, you guys had all the fun without me...;)

The way they were hyping the acquisitions, I thought for sure we'd be looking at $3 million in revs minimum. Once again ZIXI manages to even underperform the expectations of its critics.

I'll probably have more after I get a look at the 10-Q...