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Technology Stocks : Zitel-ZITL What's Happening

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To: Dave Mansfield who wrote (18028)9/6/1999 6:57:00 PM
From: Michael  Read Replies (1) of 18263
 
My friend Dave:

My guess is that these were shares they just happened to own.

The caymen island boys are Zit's largest shareholders.
They are the ones who own the floorless convertible on
Zit's $1 stock. Still got $2 Mil. in bonds to convert into stock.

sure is a nice Q day
Michael
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