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Technology Stocks : Zitel-ZITL What's Happening

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To: Gary S. who wrote (8668)7/10/1997 2:00:00 PM
From: Roger A. Babb   of 18263
 
Gary, you read more into my post than was there. My info was that Zitel was doing some test conversions for a government contractor and that it is delayed with problems but expected to be finished. I am not aware of any defense contract. I actually increased my short position as a result of this info on the test conversions.

We hear all these claims of thousands of lines of code per hour, but as confirmed by Nevada and by the government test work it actually takes months and a lot of manpower to convert relatively small amounts of code and cure the bugs.

The y2k business boils down to selling programmer time and Zitel/MD is not blessed with many to sell. It is the "body shops" who will prevail in this business.
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