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Technology Stocks : Zitel-ZITL What's Happening

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To: Deep Digm who wrote (7488)5/30/1997 2:11:00 PM
From: Christopher Charles Milas   of 18263
 
ZITL reminds me of BRE-X. Read the story on the front page of the Silicon investor. ZITL touts a large breakthrough, their stock skyrockets, and now the reality is setting in. The longs and shorts are visciously attacking each other. I just hope that this stock has a happier ending (for the longs at least). Unfortunately, this company is losing money hand over fist, and making several "scam" deals to keep themselves in business. I guess this puts me on the side of the shorts.

Just make sure not to lose all of your money. If you bought in the teens, take some profits. It's better than losing your shirt.

Happy Trading ....

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