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Technology Stocks : Zitel-ZITL What's Happening
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To: Mark the K who wrote (16962)7/31/1998 3:29:00 PM
From: John Howell  Read Replies (2) of 18263
 
Chart looks terrible. The only reason ZITL hasn't fallen off the earth is the huge amount of short interest.

I'm thinking that an option spread is a good play. The premiums aren't too expensive. If the do announce a few big contracts, the stock should pop hard. If not, we'll revisit the 3-4 level.
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