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Technology Stocks : Zitel-ZITL What's Happening
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To: CalculatedRisk who wrote (12419)10/31/1997 2:27:00 PM
From: Michael  Read Replies (2) of 18263
 
Z's operating Loss of $5,077,000 is about $1.7 mil. a month.
At that rate Z runs out of money in 8 months.
Look for Z to declare bankruptcy in 1998.
Only questions now is what month does Z file in?
My guess is that Z will File for Bankruptcy in April of 1998.
Short Z to ZeroOOOOOOOOOOO

Your Friend, Michael
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