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Technology Stocks : Zitel-ZITL What's Happening
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To: angel who wrote (12101)10/29/1997 11:37:00 PM
From: Bill Wexler  Read Replies (1) of 18263
 
<<Yeah, ZITL hit 70. What does that tell you?>>

It tells me that a few insiders and some paid shills such as David Stewart, Morgen-Walke, and Emerald Research were paid with cheap shares before the stock was run up on lies and rumors.

In fact, I don't believe most of the runup to 70 in December was due to a short-squeeze. I think the stock was already cornered by insiders and then super-intelligent investors such as yourself were victims of a pump and dump when you rushed in to buy this fabulous stock.

Now that you geniuses are still hanging on to your toilet paper, you are hoping for a short-squeeze to bail you out. Good luck...it ain't gonna happen.
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