Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Rosemary who wrote (68)	10/14/1996 4:00:00 PM
From: Gerald Underwood	of 18263

I read the latest info from the company and you are oversimplifying the statement to the point of cuteness. Funny, I don't recall anyone saying the software is giving them problems. I believe the statement was more like no profits to Zitel for FY96( which ended in September) and being unable to project what results would be in 1st quarter of FY97. Who would be able to project at this point in time? This is nothing more than the company not wanting to open themselves up to unneccessary liability from stockholders before they have the product in production at least. I have seen this statement played around with too often now not to take exception with your explanation of it.

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