Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Garet Juntunen who wrote (7410)	5/28/1997 6:16:00 PM
From: ItsAllCyclical	of 18263

Garet, I totally agree on the fundamental outlook of zitel. However, I'm somewhat leery of increasing my short position due to all the momentum investors currently in the tech stocks. On a technical basis if zitel breaks 30 we could see a huge run (for a while). Granted I would short more, but these story stocks seem to take a long time to die. I think being removed from the y2k index will have a big impact on zitel this summer/fall. At what levels would you consider increasing your short position? Jim

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