BG
It was really great back in December, made a ton of money
and then gave it all back and much more. I have read almost every
post on this thread and see the different views,and we all
(SHORTS & LONGS) have a bitter taste in our mouth when
talking about ZITL.
You talk about conviction I believe we all have it or had it at one point or another. Not to include any insiders. (see below)
It seems to me that kids really need shoes.
March of 98 to me is a deadline anyway. Zitel as a company
is and was dead from day one. we saw the potential on MD
and thought it was a good investment.
I use to think that the SHORTS were out of their minds to short
ZITL, now I take off my hat to them. It is their conviction that
might save our a.. too, when they cover.
Well, these are my thoughts.
Good Investing
INSIDER BUYING ZITEL CORP.
------------------------------------------------------------------------
NAME DIRECT
TITLE DATE SHARES SHARE TOTAL OR
TRANSACTION TYPE BOUGHT BOUGHT PRICE HOLDINGS INDIRECT
WELCH ROBERT H
DIRECTOR 08/29/97 3,000 6.22 -- D
ACQ BY EXER OF OPTION COM
WELCH ROBERT H
DIRECTOR 08/01/97 4,500 3.94 -- D
ACQ BY EXER OF OPTION COM
REGITZ WILLIAM M
DIRECTOR 07/31/97 5,000 2.31 -- D
ACQ BY EXER OF OPTION COM
REGITZ WILLIAM M
DIRECTOR 07/31/97 1,500 6.22 20,200 D
ACQ BY EXER OF OPTION COM
-------------------------------------------------------------------------------------------------------------
INSIDER SELLING ZITEL CORP.
------------------------------------------------------------------------
NAME DIRECT
TITLE DATE SHARES SHARE TOTAL OR
TRANSACTION TYPE SOLD SOLD PRICE HOLDINGS INDIRECT
WELCH ROBERT H
DIRECTOR 08/29/97 3,000 20.38 1 D
OPEN MARKET SALE COM
LONERGAN WILLIAM R
DIRECTOR 08/28/97 12,000 20.00 1,558 D
OPEN MARKET SALE COM
WELCH ROBERT H
DIRECTOR 08/01/97 4,500 22.19 -- D
OPEN MARKET SALE COM
KING JACK H
OFFICER AND DIRECTOR 11/18/96 23,077 45.42 37,538 D
OPEN MARKET SALE COM |
