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Technology Stocks : Zitel-ZITL What's Happening
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To: Roger A. Babb who wrote (18168)1/1/2000 3:55:00 AM
From: Dave Mansfield   of 18263
 
Roger, agree with your evaluation of Zitel/MatriDigm and your money making strategy for investing (shorting) the stock. Be careful however with applying that strategy with overvalued internet stocks. Zitel/MatriDigm had but a few short months to make their wad before their product became obsolete. I agree the internuts are overvalued here, but the hype can continue on for possibly years. The internuts are not saddled with the deadline Zitel/MatriDigm had with the Y2k issue to prove themselves or not, nor are most of them saddled with the bankruptcy deadline the current Zitel/Datametrics is. They can hang on for years making very little money and hanging on to the hype. Most are not concerned with the impending bankruptcy dilemma facing Zitel.

But if you spot a good internet short, feel free to share it off topic with this board.

Happy New Year into a safe Y2k it appears.
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