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Technology Stocks : Zitel-ZITL What's Happening

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To: Sabrejet who wrote (7980)6/6/1997 2:02:00 PM
From: TEDennis   of 18263
 
Richard: Just when I think I'm beginning to understand some of the issues with this stock, somebody throws a whole new one at me and I run for the aspirins.

If, indeed, ZITL's management is "giving up" on Matridigm, this stock should plummet like an elevator with a broken support cable.

So, why is volume at 1.1 million, and the price up 1 1/2 ???

I've always been intrigued by investor psychology and how the masses react to news, events, potential, etc.. This one has to be the most interesting case of "what's going on?" that I've ever seen.

Damn ... and my aspirin bottle is empty ...

Regards,

TED
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