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Technology Stocks : Zitel-ZITL What's Happening
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To: doormouse who wrote (12197)10/30/1997 5:17:00 PM
From: John Kratus  Read Replies (2) of 18263
 
King asked to justify Z's market cap, since Z is like a start-up company. King: "a lot of it's based on expectations of future. we are headed in that direction...we have the right tools to do that"

King asked about a lie he told in Philadelphia about having a "second paying contract"--a direct statement

King answered that it was a "try-n'buy," not a real contract. the analyst isn't letting him go on this one.

King asked what makes him think that Z will be worth market cap, since y2k time running out.

He answered speaking of storage & software businesses, quality of people at MD, says that perhaps "other tools" could supplement Z's y2k tools
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