Taglich Brothers Announces Investment Opinion on ZEVEX International, Inc.Business Editors NOTE TO EDITORS: The following is an investment opinion issued by Taglich Brothers NEW YORK--(BUSINESS WIRE)--Aug. 7, 2000 Taglich Brothers Starts ZEVEX International, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : ZVXI) as Speculative Buy Taglich Brothers, Inc. has initiated coverage on ZEVEX International, Inc. (NASDAQ: ZVXI; recent price $7.50) with a speculative buy recommendation and a twelve to eighteen-month target price range of $9.00 to $12.00. Revenues and earnings have been increasing significantly over the past few years. For fiscal 2000, Taglich Brothers estimates that ZEVEX will have revenues of $32.3 million, representing an increase of 40% over 1999 levels, and EPS (Encapsulated PostScript) A PostScript file format used to transfer a graphic image between applications and platforms. EPS files contain PostScript code as well as an optional preview image in TIFF, WMF, PICT or EPSI, the latter being an ASCII-only format. of $0.59, representing an increase of 26% over 1999 levels. For fiscal 2001, Taglich Brothers expects revenues and EPS to grow by an additional 30% and 31%, to $41,841 and $0.77, respectively. ZEVEX International, Inc., based in Salt Lake City, Utah For ships of the United States Navy of the same name, see . Salt Lake City is the capital and the most populous city of the U.S. state of Utah. The name of the city is often shortened to Salt Lake, or its initials, S.L.C. , designs, manufactures, and markets medical devices. Utilizing its core technologies in different areas of the medical device industry, the company maintains its own proprietary product lines while also designing and manufacturing products under contract for OEMs. Taglich Brothers, Inc., founded in 1992, is a full-service broker Full-Service Broker A broker that provides a large variety of services to its clients, including research and advice, retirement planning, tax tips, and much more. Of course, this all comes at a price, as commissions at full-service brokerages are much higher than those at discount dealer focused exclusively on micro-cap Micro-cap Micro cap refers to a company with a market capitalization of between $50 million to $300 million. Notes: A micro cap stock isn't the smallest classification (nano-cap is even smaller), but it is getting pretty small. companies. The Company defines the micro-cap segment of the equity market as companies with less than $250 million in market capitalization Market Capitalization A measure of a public company's size. Market capitalization is the total dollar value of all outstanding shares. It's calculated by multiplying the number of shares times the current market price. This term is often referred to as market cap. . Taglich Brothers, Inc. currently offers institutional brokerage services, investment banking for publicly traded micro-cap companies and comprehensive research coverage to the investment community. In December December: see month. 1999, the Company launched its Website http://www.taglichbrothers.com to allow investors free access to its in depth research on micro-cap companies. Additional information is available upon request or on our website at http://www.taglichbrothers.com. The information and statistical data contained herein have been obtained from sources which we believe to be reliable but in no way are warranted by us as to accuracy or completeness. We do not undertake to advise you as to change in figures or our views. This is not a solicitation solicitation In criminal law, the act of asking, inducing, or directing someone to commit a crime. The person soliciting another becomes an accomplice to the crime. The term also refers to the act of obtaining bribes, as well as to the crime of a prostitute who offers sexual of any order to buy or sell. We, our affiliates, and any officer, director or stockholder, or any member of their families, may have a position in and may from time to time purchase or sell any of the above-mentioned A`bove´-men`tioned a. 1. Mentioned or named before; aforesaid; mentioned or named earlier in the same text (in written documents). Adj. 1. or related securities. The Company mentioned in this report may from time to time be involved in an investment banking relationship with Taglich Brothers, Inc., or may pay a monthly fee for maintenance of our website. Details of any such relationship or compensation agreements are available upon request. The above statement is the opinion of Taglich Brothers, Inc. and is not a guarantee that the target price for the stock will be met or that predicted business results for the company will occur. |
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