Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Stanley L Brown who wrote (12641)	11/6/1997 12:22:00 PM
From: doug doan	Read Replies (4) of 18263

I agree with you. I must confess that Watching Zitl implode is like watching a train wreck. The real story with Zitl is not that it has little or no value, or that the bottom is falling out from the stock. But rather, why there are still people that persist in the belief that it will somehow miraculously phoenix. I find it far more interesting watching BG and the others continue to flag the fortunes of Zitl in the face of such overwhelming evidence that the company will not achieve the hoped for earnings. Fascinating. If we could understand why these folks can maintain these delusions we could learn lesssons that would be of much greater value than what any of us will earn from shorting the stock and waiting for the inevitable. It is this bizarre persistence that has kept the stock so high. Give credit to BG and the others, they have, by the force of their irrational passion kept the stock price of Zitl so high for so long. I for one hope they continue to post as reality starts to set in. I cant help enjoying the show.

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