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Technology Stocks : Zitel-ZITL What's Happening
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To: Daniel Chisholm who wrote (18021)8/10/1999 10:46:00 AM
From: Marconi  Read Replies (1) of 18263
 
Hello Mr. Chisholm:
From $45M to $3.3M(!)
Zitel management apparently executed their business plan as envisioned with their expansive talk of business lines and subsidiaries, and self-congratulatory lauding within the executive ranks. My cut; Zitel's business continues to be forging dollars to dimes....
Best regards,
m
BTW my early impression of the acquisitions was one of using the residual capital to feather several potential landing spots for cronies. I don't think my initial impression was much off target in retrospect.
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