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Technology Stocks : Zitel-ZITL What's Happening

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To: shaker viswanathan who wrote (546)10/31/1996 7:15:00 PM
From: Serguei Artiouchkov   of 18263
 
Shaker, I do it - or try to do it - by watching daily charts. I watch price-volume movements, analyze, listen to other people's opinion. There is nothing to post, I don't pretend I have a winning strategy. On ZITL my game plan is simple - I am bearish on this stock, but this is just my personal opinion. I have a very small 'test' short position and will be watching it closely tomorrow to get some more - depending on action. Regarding manipulation - I do not see any unusual activity that may indicate this stock is being manipulated big way. There is some ammount of media manipulation - a lot of noise about year 2000 problem which I think is going to be solved nice and quiet way - partially by replacing existing software (all new software comes with 4-digit year field), partially by abandoning mainframe and switching to another platform, some of it will be solved by software manufacturers as part of software maintenance. MatriDigm will probably play some role in it, but not to the extent of billions of dollars some people want us to belive.

Regards,

Serguei
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