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Technology Stocks : Zitel-ZITL What's Happening
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To: AFrend who wrote (7986)6/6/1997 2:56:00 PM
From: R. Bond   of 18263
 
Afrend,

Zitel is "stagnant now" and "too volatile"? This IS a confusing stock! Have you had a good look at today's volume?

Kidding aside, I can understand a strategy to possibly short above 25, but why would you go long under 16? Certainly not present fundamentals? Would it be Dead Cat Bounce, TA, pure cynicism (easily arrived at when trading Zitel), faith in management<g>??????

Whatever you do, I wish you success,
Bond
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