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Article #20712

Re: Is ZEOS financially sound?

#20712
From: Christopher Mauritz
Date: Sat, 28 Nov 1992 11:39
34 lines
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MOHIT K GOYAL (goyal@utdallas.edu) wrote:
: I've been reading/hearing that ZEOS isn't doing too well these days.
: 
: With the success of Gateway/Dell/Compaq/IBM, Zeos appears to be one of
: the companies that is losing business to these big 4.
: 
: I am just interested in people's opinions on the future of Zeos.
: 
: Please make replies public.  Thanks.

I know that their last earnings statement was not very good and
that their stock has plummeted in value (from ~18 to ~4) in the
last 6 months.  That information coupled with the fact that they
do not have enough parts in stock to deliver systems in a timely
manner causes me some worry.  My guess would be that they are
having some sort of cash crisis.  

Future?  I don't see much of a future if the big boys start
pricing the mail order places out of the market.  Let's face
it, if I had a choice on two systems, one from a mail order
company and one from IBM, and they were priced closely, I
would buy big blue every time.

Good luck,

Chris

p.s.  For what it's worth, I'm very happy with my Zeos machine.

--
Christopher Mauritz                   | Democrat President 1976-1980
root@ritz.mordor.com                  | 
root%ritz.mordor.com@spcvxa.spc.edu   | How soon they forget...sigh...
{backbone}!rutgers!spcvxb!ritz!root   | 
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From: ritz@ritz.mordor.com (Christopher Mauritz)
Newsgroups: comp.sys.ibm.pc.hardware,biz.zeos.general
Subject: Re: Is ZEOS financially sound?
Message-ID: <921124514@ritz.mordor.com>
Date: 28 Nov 92 11:39:10 GMT
References: <By5n4J.EIK@utdallas.edu>
Organization: Ritz International, Inc. -- Import/Export Consultants
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