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Technology Stocks : Zitel-ZITL What's Happening
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To: Kathy Riley who wrote (11545)10/13/1997 11:45:00 AM
From: John Howell   of 18263
 
Kathy,

I think Bill makes a valid point. The level of overhead that Zitel says is required for a conversion is far greater than what they were selling 8 months ago. "Millions of lines of code per hour" was a term tossed about not only by newsletters but by the company itself. It was these statements that led many (including myself) to investigate the stock as a short, since anyone with software development experience knows that a claim of an "automated conversion" is absurd.

Zitel has changed their tune (even though it doesn't appear to be helping much).
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