Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: jas singh MD who wrote (14531)	3/6/1998 6:23:00 PM
From: Bill Wexler	of 18263

How about if I give you a hand Jas. Most likely, the recent runup was caused by speculation generated by management floating yet another round of false rumors to Stan Corker and some bucket shop "analysts". The WSJ story was pure hype and nonsense. Judging from the volume and the "pump and dump" feel to today's trading in particular, I would bet big money that this is related to the remainder of the Cayman Islands conversion. If you want to see a similar scenario in action, check the price of AVNT stock prior to its merger with TMAI (15), the price the day of the merger (22), and then the resulting collapse of the stock back to 13-15 level. The stock was juiced by Wesels Arnold specifically for the sole purpose of obtaining a much more favorable conversion rate. The only thing that has fundamentaly changed about Zitel is that its fundamentals are getting worse and worse and worse with every passing day. But hell...what would I know anyway? Maybe I've underestimated the young, dynamic, and intelligent looking management team... zitel.com Bill Wexler (yakking it up)

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