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Technology Stocks : Zitel-ZITL What's Happening
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To: valueminded who wrote (8621)7/8/1997 11:47:00 AM
From: Roger A. Babb   of 18263
 
Chris, I think Zitel is a broken stock from a fundamental point of view, I am not a TA person. It is the Cayman deal and the lack of earnings that cause me to call it broken. I know that many of the longs say that it is not necessary for y2k companies to have earnings, but I disagree with that. Fads come and go, but in the long run values are based on earnings.

Look on the broc thread for the timing of their earnings announcement.
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