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Technology Stocks : Zitel-ZITL What's Happening
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To: corey haber who wrote (12124)10/30/1997 8:45:00 AM
From: John Kratus  Read Replies (3) of 18263
 
Here's a possibility for the web-o-rama this afternoon:

What if Jack King were to come clean about Matridigm's lack of success and admit that Zitel is a two-bit player in the y2k remediation business? He could say that Zitel paid only a small amount for its MD stake, so that any profits generated, no matter how small, would prove the MD investment to be worthwhile. Then he could say that Z will continue to focus on its other business opportunities. And he could paint a picture of the first stages of a turn-around in the money-losing hardware business and the money-losing, newly acquired software businesses.

In my opinion, that would certainly be better for the company than a no-contracts-yet-but-wait-til-next-week replay of the last quarterly conference call. He could win points from WS for forthrightness, and project a vision of how Z can prosper in the post-2000 era.

Any liklihood of this happening?
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