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Technology Stocks : Zitel-ZITL What's Happening

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To: Michael who wrote (8005)6/6/1997 9:22:00 PM
From: Sabrejet   of 18263
 
Mike, I am a true momentum player and trust very few issues. I don't think though that I will ever completely cover this whole position. As long as things continue as they are and the same people keep making the same decisions, it is simple.

I understand where management is coming from by purchasing these assets and I also understand the financial prediciment they're in. The philosiphy they incorporate in what they do is scattered and ineffective, IMO. Leadership qualities are easy to recognize from wherever you sit. This company lacks leadership and intuition. If one has a question about that, they need to just read last earnings conference call notes and the comments that were made. Those statements concerning MD, the future of the company etc...are unheard of in an open forum. Admitting there needs to be a change in direction is one thing, but selling out those who you're relying on is unacceptable.

Your point is well taken and I believe whole heartedly this company will return to the $1.00 level but I trade so often, I have to free up money!!

Rich
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