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Technology Stocks : Zitel-ZITL What's Happening
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To: Zebra 365 who wrote (11837)10/28/1997 5:52:00 PM
From: Zebra 365  Read Replies (2) of 18263
 
ZITL BEAROMETER = $1,712 (+)$444

The Zitel Bearometer reflects a short sale of 100 shares at 21 7/8 less commission of 1% on 10-10-97. The first figure is the current value of this position. The idea is that the obligation will shrink as the stock price declines and vice-versa.

The change represents paper gains (+) or losses (-) of this position from inception. It does not include commission on the covering transaction.

Zebra
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