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Technology Stocks : Zitel-ZITL What's Happening

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To: Bill Wexler who wrote (7480)5/31/1997 7:08:00 AM
From: Bill Wexler   of 18263
 
A very interesting peek into the future of ZITL

In my past posts, I have pointed out how a con-artist,
crook, and all-around bastard named David Stewart has
caused immesurable grief to small investors by pumping
and dumping dubious stocks.

I found something interesting while researching his
past picks.

One of his recommendations was a worthless company named
Ameriquest (AQS) which, much like Zitel, was on its way
towards oblivion until it piqued the interest of our
favorite hypemonger.

David Stewart recommended this stock to his subscribers
on Dec. 25, 1996. Note the price/volume activity
in the days/weeks prior to that date. Copy the following
link to your browser (12 month chart of AQS):

stocksmart.com

Now compare this to the chart for Zitel. Once again note
the price/volume activity immediately before October 3 1996,
when Stewart recommended it:

stocksmart.com
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