Hi Born2preach,
Another term is used for a similar phenomenon: Ghost lineage
"A ghost lineage is an evolutionary lineage for which no fossil record exists, but the presence of which is inferred from related organisms separated by vast stretches of time".
(from Evowiki)
Strange. Some scientists prefer "ghost" rather than "Lazarus".
In fact both are overstated. The fossil lack is due to gaps, minimum population maintained in an undiscovered yet refuge area and regular low demography below the threshold of fossil record.
Denesha