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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (8910)12/26/1997 11:29:00 PM
From: Michael  Read Replies (1) of 9285
 
My Friend Roger,
Zitel must be on your list.
This year I have shorted VTCH, CHK, TRC, IOM ,
AMZN and made money. I lost shorting AOL, YHOO.
I made the most by just going short almost all Zitel, now.(little TRC)

There is no stock in the above group, that could go down over 75%
Except Zitel ,with the fact that Zitel/MatriDigm only reporting $132,000 in
y2000 revenues. It is very clear to any sensible person that Zitel will not realize
any significant y2000 revenues. Therefore Zitel might not be able to pull off
another Reg. S deal Zitel . Then it will likely go bankrupt in 1998.
When Zitel does declare bankruptcy ,then what do you think Zitel's share price will be?

Your Friend, Michael
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