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Technology Stocks : Zitel-ZITL What's Happening

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To: Lyle Abramowitz who wrote (12456)10/31/1997 5:21:00 PM
From: Graeme Smith  Read Replies (2) of 18263
 
Seems like briefing.com didn't do their homework. Their analysis is a bit of a farce. They almost seemed to be trying to pump the price up to offload their own holdings. The reference to one of Soros's investment owning Zitel stock is completely fallacious. Also they obvious didn't know, or didn't wish to state that this years earnings were padded by the new companies they bought.

One question I do have. Why did sequential revenues increase so much? I thought that the revenues from the new companies were already on Zitels sheets last quarter. Can anyone answer this?

Graeme
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