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Technology Stocks : Zitel-ZITL What's Happening

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To: Marconi who wrote (12714)	11/7/1997 3:15:00 AM
From: Dale Baker	Read Replies (1) of 18263

My comments are based on holding an ordinary Top Secret clearance since 1987 and working in Washington (State and USIA) and four embassies overseas. A clearance above Top Secret is known as a comparmentalized clearance. It is typically required to work on hardware systems used in classified communications and other work. This is common knowledge in the government, not a secret by the way. A full field investigation does take 6 -9 months; I doubt it costs hundreds of thousands, though I don't know the actual price. They don't initiate one without a concrete reason. In my case it was passing the foreign service exams to be considered for employment. There is no reason for an established company not to advertise that it is cleared for classified government work. That would help them compete for USG contracts. Personally, I find the idea of ZITL getting classified work absurd in the face of established competitors. It sounds like a way to hold up the price by convincing shorts to cover on a "what if" basis. Lots of big contracts just around the corner, just wait... That's just my opinion. Still holding my short position and not concerned.

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