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Technology Stocks : Zitel-ZITL What's Happening

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To: Bill Wexler who wrote (12732)11/8/1997 2:55:00 PM
From: Don Kelly  Read Replies (1) of 18263
 
<<Whoever said that investing in stupidity couldn't be profitable?>>

Seems to me that Jack King fell out of a helicopter during the last conference call. But sooner or later he will announce another "big deal" like, say, Zitel's acquistion of Bre-X in a non-cash stock swap, or maybe even a Y2K contract or two.

So, the question for shorts still sitting on big paper profits is whether such an announcement -- now that the gold paint is flaking off the rocks for the no longer Tall Zytale -- will boost the stock back to double digits? Since many of the great unwashed "investors" you are referring to are beginning to recognize that the market can go down as well as up, I'm guessing it won't happen soon. But even the "buy and hold" longs should take heart: You never know when David Stewart might show up at another big medical convention somewhere.

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