Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Sabrejet who wrote (8006)	6/6/1997 11:02:00 PM
From: Roger A. Babb	of 18263

Rich, It became clear to me that Zitel management was inept when Jack King was quoted back in January as saying that the Nevada project was taking so long because of the low quality Nevada programmers. I did not believe the quote until I confirmed it with two sources. Companies who make such statements about clients in a public forum are not likely to gain many new clients. It was at that point that I moved Zitel from "overvalued" to scam category. Zitel has been a very profitable short even though I was once deep in the hole when it jumped from $40 to $70 and I was unable to get more shares to short above $60. But the best is yet to come.

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