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Technology Stocks : Zitel-ZITL What's Happening

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To: Warren Gates who wrote (181)10/20/1996 8:39:00 PM
From: Jason   of 18263
 
Insider sells, decreasing revenues, uncomfortable CEO, 35% owned- subsidiary business, rumor about analyst recommending the stock to join the company and much more controversy is not going to convince some of these guys who own a few shares of Zitel of the fortcoming surprise for them (head & shoulder) . Only Y2K could, and that is only 3 years away. But from my previous experince with some of momentum plays, once these stocks turn negative, you better watch out!. They go down a lot faster than they go up. But Zitel maybe an exception, it has only trippled in less than a month and some of these guys want more. So don't spoil the party for them, only time will test their patience.

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