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Technology Stocks : Zitel-ZITL What's Happening

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To: Bill Wexler who wrote (18096)12/10/1999 7:37:00 PM
From: Michael   of 18263
 
My dear Zitel Friends,

Away for the day and look what Zitel did.
Even though I have been pounding the table about shorting
Zitel to $0.00. The reality is that my 21,000 shares I shorted,
I was forced to buy in on 15,000 shares at $2.90.
And a recent cover for tax reasons on 2,000 shares at $1 and change,
means that I am holding only 4,ooo short shares of zitel.
With huge balances protecting me from any margin call,
I yawn at todays run on Zitel...
still short 4,ooo shares and no reason to cover,

sure is a nice day
Michael
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