Zitel-ZITL What's Happening Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Zitel-ZITL What's Happening

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Greg M. who wrote (11630)	10/13/1997 2:01:00 PM
From: Bearded One	of 18263

If I remember Dave Stewart's math(!) correctly, he based his $699/share price on $1/LOC. If it's only $.05/LOC, then we divide by 20, yielding a share price of $35/share. Of course, I believe that Zitel split since that prediction which would give it a value of $17.50/share. Not to mention that Stewart's prediction assumed the machines would start churning out compliant code from January 1, 1997. Since we've lost 10 out of the 36 months, we take $17.50 * 26/36 and get $12.87/share !!! Hey, how's Nevada going? Tick tick tick...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next