Hey Corey,
I'm fine my man, how are you? Lack of news is this stock's nickname, if you're gonna be long on this baby your attitude has got to be it'll happen when it happens.
Don't worry, it'll happen. Giving up Zitel's business means they're going to have a closer relationship with them than just their accounting firm IMO.
I don't know what King's story is. As I said before aside from his investment in MD this guy hasn't shown me anything, but then again I'm not in it because of Zitel's potential or Jack King's management abilities. IMO Bill Esping is the guy that's going to determine Zitel's stock price, not King. I gotta admit King gives me reason to stop and wonder if I've got him pegged wrong when he goes and convinces an Arthur Chait to come on board.
The press release is a joke. The ONLY justification I can see for that release is;
1. It was part of their deal with the company that created it (along with some employees) in exchange for a reduced price and/or
2. They've got an outside PR company that suggested it. (In my experience PR companies look for ANYTHING as an excuse to write a release, after all that's what you're paying them for)
If neither of the above is the case, all I can do is shake my head in disbelief. Anyway at the core of this thing is the technology, despite the screw ups, delays, foul ups and ridiculous press releases, it's attracted some real solid people that could be doing other things besides backing a startup company that will be nothing more than the joke of the entire Y2K industry. Bill Esping, Jim Brady, Arthur Chait, these guys could be doing a LOT of other things. Held on this long, I'm here till the end, or the beginning. We'll see. . Remember Bill Esping is good buddies with Gerstner (?), CEO of IBM. If the technology's for real I guarantee you these guys are gonna figure a way to make big bucks from it somewhere between tee off and the 19th hole.
Gotta get back to the Heat/Bulls game folks. You all have a great night. Corey, John, Rich, Garet, Kathy, et al. Night everyone.
DD |
