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Technology Stocks : Zitel - Inept management or deliberate fraud?
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To: Mr. Stocks who wrote (1)5/17/1997 4:21:00 AM
From: Bill Wexler   of 67
 
We can be certain that Zitel isn't worth anything near its market cap, but I wonder if it will turn into what I like to call a "zombie" stock. Somthing like CopyTele (COPY) which is a sham company but whose stock refuses to die.

As far as what the longs on the other thread believe, just take a look at the Bre-X threads. Even though the company has been fully exposed as a rip-off scam and the stock has been delisted everywhere, there are still true believers who think there's still hope.

Bill
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