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Technology Stocks : Zitel-ZITL What's Happening

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To: CalculatedRisk who wrote (7490)5/30/1997 1:50:00 PM
From: Roger A. Babb   of 18263
 
CR, I guess it just takes longer for the news to filter through to the individual investors holding Zitel. It does not react instantly like INTC did today. The news release did not paint the complete picture as does the 8k. I wonder if the brokers who have been touting Zitel will now advise selling? Somehow I doubt it.

The financial reporters are so wrapped up in the INTC and market burp that they may ignore the 8k news for a while.

I am disappointed that we didn't get the instant drop I expected but at the same time grateful I was able to increase my short position today at still high prices.
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