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Technology Stocks : Zitel-ZITL What's Happening
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To: Larry Davis who wrote (1020)11/22/1996 7:56:00 AM
From: Gerald Underwood   of 18263
 
Larry,

The shorts and momentum players have accelerated the volitility on this stock to such an extent that one has grown accustomed to a lot of movement in a relatively short period of time. I believe this may continue for the short term until this stock's story has fully unfolded. When that has occured I do not believe that any of the shorts will find it desirable and will discover that they were really not actually able to afford the stock . This will stabilize the stock somewhat and maybe the momentum players will move on to more interesting plays. Then perhaps the stock will be assessed on actual earnings and the true INVESTORS in this stock will be able to value it on a more fundamental level. I believe that fundamental level will fall more or less along the lines as projected in the Emerald report.
I for one am certainly going for the long haul.
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