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Technology Stocks : Zitel-ZITL What's Happening

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To: corey haber who wrote (12124)10/30/1997 8:47:00 AM
From: Zebra 365  Read Replies (2) of 18263
 
Regarding SEC investigations

Not to Corey but general post.

I'm short this stock, but I don't like to see disinformation, even if it supports my "side". I find no published announcement of SEC investigation of ZITL and the SEC has a policy of not commenting on ongoing investigations. Please post a source if you state that "the SEC is investigating". This kind of unsupported attack is why Presstek sued "Kumacap" (an AOL bulletin board short poster, who, I think was "Ivan" on SI). I think the plain truth is damaging enough to ZITL.

My opinion of the conference, I think that ZITL will "rediscover" that it is a hardware company and focus on positive side of European contracts for data storage systems. However, this won't help the share price. At this point if they continue to tout Y2K without any evidence of significant ongoing business, they are simply inviting a shareholder suit.

Zebra

PS: John Kratus beat me to this same conclusion in the previous post, "Great minds", etc.
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