Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Michael who wrote (12438)	11/1/1997 11:59:00 PM
From: Druss	Read Replies (1) of 18263

Michael--I have seen your post and a few others in a similar vein indicated Zitel may soon run out of cash completely. I came up with a few sources of income that I feel might support the company for a while. One is completion of the Nevada contract which presumably would provide some income, the other is the out right sale of their portion of MD. Since it is becoming obvious that no revenues are going to be forth coming from this source an out right sale seems a viable option to me. The sale of MD would however give them a severe problem of timing. For instance selling it now would give them the best possible price but tank their own share value. By waiting to sell, the value of MD would go down but would allow the current over blown share price of Zitel to continue at least for a while. This is of course all speculation but if I were attempting to keep the wolf from my company door I would sure consider it. All the Best Druss

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