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Technology Stocks : Zitel-ZITL What's Happening

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To: Steven M. Kaplan who wrote (17931)6/21/1999 12:16:00 PM
From: Marconi  Read Replies (1) of 18263
 
Hello Thread:
Some more Matridigm PR. Taking the spin out, MD has one computer they are using to run on batch of code to generate a computer report. No hint of dozens of 'code factories' or personnel involved in remediation, which is a personnel intensive task. Seems to indicate run a program on the available machine and send off a report. No mention or revenues, contract size, margins, or further business possibilities. Where's the business??? Running a batch job for someone else has generally not been a business with much for margins. The PR will serve to test the sensitivity of ZITL price to 'news'. Looks like a market dud with and echoing thud. Without any basis for a change in substance, I believe Zitel continues on their multiyear path of dissipating shareholders equity. I remain short. And the stock price action today looks like newbies are not being drawn in as in the past. Must be due diligence at play instead of mad money. that is healthy for the market and all.
Best regards,
m
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