Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Varkey John who wrote (7239)	5/25/1997 1:06:00 AM
From: edgedirect	of 18263

Varkey wrote: <ZITL stock is not trading at this price not because of its expected good quarterly profit. I am an investor in zitl because of its management. Be cautious to short this stock now onwards. You will never see this stock below 20s>>> Please tell me you're kidding. If you honestly believe what you wrote, do yourself a favor and buy some mutual funds or T-Bills. You can't be serious. Varkey, you may get the benefit of a short squeeze in the weeks to come. If you do, sell and consider yourself lucky. This stock will definitely be below 20 by 1998 and its "great" management just screwed its shareholders big time with the convertible deal. Again, hope for the short sqeeze. That will be the last run up for this stock before it fades into oblivion. Good luck. Andrew

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