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Technology Stocks : Zitel-ZITL What's Happening

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To: Bill Wexler who wrote (13496)12/24/1997 9:36:00 AM
From: John Kratus  Read Replies (1) of 18263
 
I cashed in my Zitel short yesterday. If past is prologue, then ZITL should fall about 25% today.

Best holiday wishes to all. And thanks to all the "true believers" who convinced me to stay short most of the way down. If we see a bounce up to 12, I'll be back in.

Xmas bonus: check out America Online (AOL), which is screaming "short me, short me." IMO, it will be the Ascend Communications of 1998 (the darling of institutions falling out of favor).

John
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