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Technology Stocks : Zitel-ZITL What's Happening

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To: Mark Stevenson who wrote (13566)1/3/1998 2:56:00 PM
From: Dale Baker  Read Replies (1) of 18263
 
I'll spare you the knee-jerk reaction I'm sure you were hoping for. Yes, ZITL could run up in a short squeeze. However, I closed my latest short at a profit, the second short profit I've made in ZITL, and I'll follow the chart and the (lack of) news to pick my next entry point.

On the other hand, if Jack ever gets all those contracts off his desk, I'll move on and wish you well in ZITL. Absent proof to the contrary, I think ZITL as a viable Y2K company is a joke. The rationale for that point of view has been elaborated on this thread many times.

Just my opinion. BTW, I 've worked for the U.S. government for ten years and have some idea how they allocate contracts. Borderline startup companies usually screw up the first small contract they are given and don't get a second.

Spare us the theatrics.

Happy New Year to all.
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