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Technology Stocks : Zitel-ZITL What's Happening

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To: Zebra 365 who wrote (12233)10/30/1997 6:09:00 PM
From: John Kratus  Read Replies (1) of 18263
 
After tomorrow, the Zitel Bearometer will go to infinity. A few days ago, someone here said that ZITL is a good short, no matter what the price. I didn't believe it then. Now I do.

My prediction for tomorrow: no chance for longs to sell at anything close to today's close, no chance for new shorts to establish or add to positions, Emerald and any other obscure company that follows Z will downgrade it, Z will lose at least 50% of market cap.

The only thing Zitel did right this quarter is that Jack King followed the advice I gave him on this thread this morning: focus on potential growth of non-y2k businesses, come clean on past statements about y2k contracts, and establish a vision for Z in the post-2000 environment. Do you think King reads this thread?

Hey, Jack, I feel for ya, buddy!
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