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Technology Stocks : Zitel-ZITL What's Happening

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To: Lyle Abramowitz who wrote (12727)11/8/1997 6:14:00 AM
From: Bill Wexler  Read Replies (2) of 18263
 
Zitel shareholders rejoice! "Yak" King has returned enormous value!

Check out the very first post to this thread in Feb. 1996.

Zitel was trading at around 13 (pre-split). Therefore Zitel is now 100% higher.

Compare that to the performance of the S&P during the same period.

Therefore, you would have done far better if you simply bought Zitel in Feb. 1996 and sold today than if you would have bought any index fund or even the top performing mutual funds.

Whoever said that investing in stupidity couldn't be profitable?
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