Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Roger A. Babb who wrote (18168)	1/7/2000 10:15:00 AM
From: E Rosen	Read Replies (1) of 18263

One more time, with feeling... Hello old friends! Zitel did treat us very well. For old times' sake, anyone care to guess at the results in the upcoming quarterly report? Their profit/loss, cash level, revenues from Datametrics? When/If they will go bankrupt, or whether they will morph one more time? Recent events: Zitel announces it is a Linux company. (Because Datametrics has a shareware product called VisualRoute, which now runs under Linux. The product provides a visual display for the standard Unix utilities traceroute, ping, and whois.) Zitel announces the CTO of Merrill Lynch has joined their board of directors.... But it turns out (later that day) to be just some VP at Merrill (who has either resigned or been fired, and is on a long vacation and therefore cannnot be reached). Zitel announces they have a credit line.... namely the ability to borrow against their short term receivables at 18% interest plus other fees. Zitel is sued for breach of contract in the Matridigm merger.

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