Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: NYBellBoy who wrote (13269)	12/8/1997 9:18:00 PM
From: Arthur Radley	Read Replies (1) of 18263

Bellboy, Last week was short term as I saw the reversal coming from the 25.50 low so I covered at 26 but will go back later as this baby is coming down hard the next time and will stay down this time. The reversal on Friday was shorts covering but next time it will be the shorts that took a position at the 29.00 and will ride this puppy down by nearly 50% at least and more if the SEC investigation proves true. Note what they said about earnings for the next quarter. Trend is down down down.

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