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Technology Stocks : Zitel-ZITL What's Happening
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To: Daniel Chisholm who wrote (17907)6/8/1999 12:44:00 AM
From: Marconi  Read Replies (1) of 18263
 
Thanks for the reply Mr. Chisholm. ZITL sounds like the proverbial long stringey one with your scenario.... I remain amazed they are still trading, but then again, milking money from the issuance of stock is something innately repulsive to me. Unless there is genuinely a sound reason for raising capital, like a reasonable expectation of a positive return, I feel strongly against it. It appears Zitel's expertise lies in perpetuating mismanagement, that is, destruction of shareholder value.
Best regards,
m
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