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Technology Stocks : Zitel-ZITL What's Happening
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To: Gary S. who wrote (7359)5/27/1997 9:21:00 PM
From: Bill Wexler   of 18263
 
...I still don't see how this translates into money for Zitel!!!

I already pointed out how the facts (not speculation or hype) point to some very disturbing problems with the claims made by Matridigm and the relationships between Matridigm, Zitel and some stock promoters.

Post 7349 simply rehashes the same old BS.

On the other hand...

1) The Zitel quarterly reports.

2) The Zitel annual report.

3) The FACT that Zitel had to raise money through the sale of debentures to stay alive.

4) The evasive and disturbing statements made by Zitel execs. in conference calls. ("We don't want to discuss financials...", etc.)

5) The lack of business for Matridigm (only 2 years till doomsday remember!)

6) The FACT that there are dozens of tiny scam companies all claiming to have similar scam "solutions".

7) The FACT that claims made about Matridigm's CTO can not be verified independently, and seem to be outright lies.

8) The FACT that Matridigm's most credible executive, its president, suddenly resigned before the billions started flowing in.

...tell a very different story.

If you believe in Y2K and you want to invest in worthless companies, that's your business. I can't tell you what to do with your money. But if you're implying that I don't have a clue, then I suggest you think again.
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