SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Zitel-ZITL What's Happening

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Deep Digm who wrote (13795)1/23/1998 5:36:00 AM
From: Bill Wexler  Read Replies (1) of 18263
 
<<The company's in trouble, we haven't confirmed the product, and even though I'm long on this stock I know this is a crap shoot.ÿ I could just as well be in Vegas "shakin them bones" trying to make 8ÿ "the hard way".ÿÿ>>

Odds against making a "hard 8" in craps: 10 to 1
Payoff = 8 for 1 (assuming a 20% vig)

Odds that Zitel will return 8 for 1 (i.e. stock will go to 80) = 0

Suggestion: sell your Zitel, use part of the money to pay for a trip to Vegas, and use the remainder for a "hard 8" bet.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext