Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: CalculatedRisk who wrote (7979)	6/6/1997 1:48:00 PM
From: Sabrejet	of 18263

I really don't think they have given up on MD but more disturbing is the fact their actions imply this and management looks to be acting a bit deceptive or as thogh they're covering something up. The point remains, they use Y2K hype to borrow expensive money and turn around to purchase, what they believe, are "assets" that will supposedly help their core business. This is desperate. They are mortgaging possible future earnings already and they still haven't made any money on it as we speak. Not only have they spent that money on non-Y2K objectives but in the process they have diluted the shares in existance! No one wants this stock if the Y2K wasn't attached to it. Who would buy this without the Y2K "endorsement". That so called endorsement is currently at the back of a huge pack. On top of that ZITL only owns 30% of it! Absolutely absurd to buy this stock for the long haul. Remember the last faults in the order of delisting are deception then fraud. Rich

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