Schneider Securities, Inc. (SSI) Initiates Coverage of Drugmax.com, Inc.; Drugmax.com, Inc. Rating: BUY; 12-18 Month Price Target - $12 Per Share

Apr 16, 2001, 01:00 ET from Schneider Securities, Inc.

    DENVER, April 16 /PRNewswire/ -- Drugmax.com, Inc. (Nasdaq:   DMAX) is a
 wholesale pharmaceutical distribution company utilizing both online and
 traditional marketing mediums to service primarily the independently owned
 pharmacy segment of the retail pharmaceutical business.
     This research is being initiated by David Lavigne, Schneider Securities'
 Director of Equity Research.  Information and statements contained herein,
 other than historical information, should be considered forward looking, which
 involve risk and uncertainties.  Schneider Securities Inc., its officers,
 directors and affiliates may maintain positions in the securities referenced,
 which may change at any time without notice.  Schneider Securities, Inc. is a
 Market Maker in these securities.  The securities referenced are speculative
 in nature and may not be suitable for your investment objective.
 
     Schneider Securities, Inc., is a member of the National Association of
 Securities Dealers, CRD number 16434.
 
 

SOURCE Schneider Securities, Inc.
    DENVER, April 16 /PRNewswire/ -- Drugmax.com, Inc. (Nasdaq:   DMAX) is a
 wholesale pharmaceutical distribution company utilizing both online and
 traditional marketing mediums to service primarily the independently owned
 pharmacy segment of the retail pharmaceutical business.
     This research is being initiated by David Lavigne, Schneider Securities'
 Director of Equity Research.  Information and statements contained herein,
 other than historical information, should be considered forward looking, which
 involve risk and uncertainties.  Schneider Securities Inc., its officers,
 directors and affiliates may maintain positions in the securities referenced,
 which may change at any time without notice.  Schneider Securities, Inc. is a
 Market Maker in these securities.  The securities referenced are speculative
 in nature and may not be suitable for your investment objective.
 
     Schneider Securities, Inc., is a member of the National Association of
 Securities Dealers, CRD number 16434.
 
 SOURCE  Schneider Securities, Inc.