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Technology Stocks : Zitel-ZITL What's Happening
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To: Dale Baker who wrote (14890)4/14/1998 4:59:00 PM
From: wynn quon   of 18263
 
One difference between PTUS and ZITL is that PTUS had a short interest of ~300,000 shares when it dived. ZITL has a short interest of
5,000,000 shares out of a float of about 15M.

When those bad results get announced, will there be a slow decline or a dive? Perhaps a short sharp drop of one or two dollars followed by a slow decline to, say, $8 in 3 months?...

Happy hunting.

>Either way, I am happy with my ZITL puts. The next set of quarterly >numbers should break their back, just like PTUS but worse.
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