Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Bill Wexler who wrote (7948)	6/6/1997 4:00:00 AM
From: Bill Wexler	of 18263

Just a quick reminder... At 19 a share, Zitel still has a market cap of about $300,000,000. Let's be real generous and value Zitel (including the new businesses they went into debt to acquire) at 3 a share. That still leaves about $250,000,000 on the table that says Grandpa Chiang and Diamond Jim Brady will be saving the world with their "portable code factories". Remember...Zitel's equity stake in Matridigm has been reduced from 37.5% to 30%. Therefore, Matridigm is still currently capped at $832,000,000 See you at 1.

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