Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Michael who wrote (7429)	5/29/1997 12:42:00 AM
From: Rubble	of 18263

Looking at the ZITL chart, it seems the stock will move in a big way very soon. I see the same step pattern in the price over the past month that I see in the mid Oct-Dec time period. Last year, after the steps, ZITL jumped to 70. This time I suspect the steps will precede a very big plunge, but it could go either way. I'm a TA neophyte however, so you should draw your own conclusions about whther these steps have any meaning. I'm still looking for a good price on puts...they're so overvalued. BTW...although the web-site PR is on the surface a poor excuse for a news release...if the site was down for a while, this PR would have been a good way to alert people that it re-opened...they should have emphasized that this was the reason for the PR to help negate the cheesiness of it...besides, most PR's are pretty lame... There's my rare defense of a company that needs all the support it can get.

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