Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Risky Business who wrote (894)	11/16/1996 10:39:00 AM
From: Warren Gates	of 18263

The same reason that Zitel insiders sold a lot of their shares in the teens before the run-up ... The same reason the Russians sold Alaska to the U.S. ... The same reason one of the original Berkshire Hathaway (Warren Buffet's company) holders sold his shares to buy a new washing machine ... The same reason I sold Cisco at $30 ($15 post split) a couple of years ago... THE MARKET WILL ALWAYS DO SOMETHING THAT WILL MAKE INVESTORS LOOK STUPID !!! P.S. When Cybercash went public earlier this year ,,, it was valued in the hundreds of millions, yet have never made a dime ... it then doubled in a few weeks ... now it has CYBERCRASHED !!! Comparator, at its speculative peak was valued at more than $1 billion, but then, there was no way to tame it (short/options) unless you're initials are M.M. ... I was part of that historic event ... made some but got a little greedy, still holding a couple of thousand shares ... now we have Matridigm touching the $1 Billion mark and poor insiders, they can't participate ...

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