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Zix Corporation Message Board

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  • metal416 metal416 Jan 7, 2008 7:51 PM Flag

    anybody see this new 8k too

    http://www.boardcentral.com/search/message/b1ca6d7a71d471ce400bd37e281e4941

    Re: bottom?
    Maybe not. There was positive news after the close. A class action lawsuit that filed a long time ago was basically settled(reached agreement in principle) and Zix won't have to pay a penny(link below). I think the shorts new a settlement was coming and took Zix down, hoping Zix would have to pay more than what their insurance covered. The shorts guessed wrong!

    If Spurr gives an indication when the Aetna and United Health eprescribing expansions will start and an update on Google in the corporate update, Zix will turn back up real quick. Google Apps is already using Zix's encryption and a contract pr can't be far off.

 
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