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Bellwether initiates coverage on Zones Inc.

Publication: M2 Presswire
Publication Date: 29-OCT-04
Format: Online - approximately 710 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 October 2004-bellwetherreport.com: Bellwether initiates coverage on Zones Inc(C)1994-2004 M2 COMMUNICATIONS LTD

RDATE:10292004

The Bellwether Report has issued an aggressive investor alert on Zones Inc (Nasdaq:ZONS), a single-source direct reseller of name-brand information technology products to the fast growing small to medium sized business market.

Yesterday after the close, the company announced their fifth consecutive profitable quarter -- Q3 2004 earnings per share increases to $0.10 compared to earnings per share of $0.01 in the prior year -- 22% sequential quarter to quarter improvement in net income -- Net sales increased 15% year over year, and 5% sequentially

BWR feels that this company portrays...

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