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Technology Stocks : Zitel-ZITL What's Happening

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To: Daniel Chisholm who wrote (18081)12/10/1999 2:13:00 PM
From: Daniel Chisholm  Read Replies (2) of 18263
 
I can't believe what I have just done. I felt myself (forced, panicked, stampeded, at risk of being run down by the panicking herd), and covered half my short position, at nearly four dollars. I think the last time I made a trade in Zitel was about Jan. of 98, where I shorted this position at $6.

Zitel has been my oldest and dearest short, I sold the first few shares short at $49.875 in Jan 97. I used to think of myself as an unflappable short who would never be coerced into covering. I used to think in a melt-up, I would be the last short left standing.

I have now capitulated. Let me then encourage, enrage or terrify you by my actions and admission. Now all that is left is for me to go out and buy AMZN at the all time top-tick....

- Daniel
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