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Technology Stocks : Zitel-ZITL What's Happening
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To: Roger A. Babb who wrote (13109)11/26/1997 2:21:00 PM
From: NYBellBoy  Read Replies (1) of 18263
 
Roger - from Briefing.com.............
<13:23 ET Zitel (ZITL) 11 +13/16: CEO exercised option to buy 100,000 shares and then sold 60,000 to cover costs. Net increase of 40,000 shares raises shares under his control about 7% to 610,000. That apparently has boosted the stock price 8%.>

I just shorted 1000 more Zits @ 11 1/16 driving up the price. So Jacks PR machine for $5 or $6K started the uward trend and I think many of us have added to the days rise.

Happy Thanksgiving

:)

BellBoy
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