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Strategies & Market Trends : ZITEL (ZITL) Women and children first!

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To: Rodney Dangerfield who wrote (22)9/8/1997 3:12:00 PM
From: SOROS   of 23
 
Dear Rodney,

I don't short stocks -- just prefer long to short almost in everything. But this stock and the hype are unbelievable. I own many Y2K issues -- those with contracts and alliances they can put in print. In the end, buying on rumor (ie -- all of Zitel's buying) will cease. If they don't step up and release real news and contracts in this month, I don't believe even the most gullible will continue to hold this. When the small investors start to sell in mass, it will be a quick trip to $10.

I remain,

SOROS

ps Did you hear the lastest? Zitel was responsible for fixing the credit card industry Y2K problem recently. It was a secret though.
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