Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: R. Bond who wrote (7385)	5/28/1997 4:45:00 AM
From: Bill Wexler	of 18263

Gosh, even MORE bad news for Zitel! So I take it that EDS anticipates $1.3 billion in "Y2K" business spread over three years and roughly 80 million a year in profits. EDS, of course, is a tad bigger than Matridigm and has infinitely more credibility due to its ongoing business relationships with thousands of clients. Why is Matridigm worth $1 billion dollars? Didn't I see something in David Stewart's report about $1 billion a MONTH in revenues? Exactly why is matridigm going to gross 36 times more than EDS (oh yeah - I forgot - because matridigm has the brilliant inventor of the HP-35 and the NTSC color standard). If one of the largest data-processing outfits in the U.S. predicts $80 million a year in profits (at a 18% net margin - not exactly the super profitable biz Stewart and Emerald make it out to be) for three years from Y2K (a tiny drop in the bucket compared to its core business earnings), what does this say about the prospects of frauds and scams like Zitel and Matridigm?

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