Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Marconi who wrote (16937)	7/30/1998 1:10:00 PM
From: Jacques Chitte	Read Replies (1) of 18263

Marconi - thanks for your thoughts. Viscerally I agree, and I also agree intellectually in the long term. I'm not willing to discount the idea that Zitel can pull a fake rabbit or two out of their mobile hat in the meantime. Thus I'm short shares and not long puts. I can sit back and watch the patient convulse. I'm also noticing that volume has picked up today with the price not really going anywhere. This makes me a bit more confident of a short-term bearish trend. Zitel has been good to me this year. :-)

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