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To: Caroline who wrote (3081)	12/21/1997 7:17:00 PM
From: Druss	of 4339

Caroline--I do NOT think the Y2K stuff is a hoax. I think the scope of the problem is overstated and some very questionable claims are being made about it. In particular claims about companys involved in dealing with the problem. I have been shorting Zitel because of fundamentals, the lack of any contracts, the hype, the miserable business picture the company presents, and so on. I have read claims that Zitel is a hoax but I don't know about that. I think hoax or not it is a good short. All the Best Druss

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