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Technology Stocks : Zitel-ZITL What's Happening

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To: Bearded One who wrote (12890)11/14/1997 9:11:00 PM
From: Michael  Read Replies (1) of 18263
 
<<I feel like it's over, now. No more runs from 10-70. No 3 point a day rallies for a week. The Y2k field is too well covered by the press now. There are too many companies which have reported dozens or hundreds(!!!) of Y2k contracts. This is now just a death watch. Which is great, as far as moneymaking. But I'm not going to short more than I have already shorted (a lot), and I'm not covering this sucker until bits of skin are falling off it's evil carcass. >>

Exactly my thoughts!!!!!!!!!!!!!!!!!
I shorted so much Zitel that the day it went over 26,
if Zitel had closed at that level I would have got a margin call.

Your Friend, Michael
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