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Technology Stocks : Zitel-ZITL What's Happening

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To: Warren Gates who wrote (96)10/16/1996 2:44:00 PM
From: Warren Gates   of 18263
 
Y2K Pure plays ... just buy Viasoft, they're good ...

Company I work for just used Viasoft to assess the Y2k project ... Software for Y2k are only good as tools, it still needs a lot of manpower to do the grunt work fo testing and debugging ...

So ZITEL has a product that's going to solve the problem without us contract programmers ... ya, right???

BELIEVE ME GUYS, every Fortune 500 company's main goal is to come out of this mess without impacting their business ... that means a lot of USER SIGNOFF's before an application is considered Y2K ready ... and do you think they will trust a software that does all the work ...

Well let's say Zitel's product is good and the company manages to make $50M in 1997, $100M in 1998, $200M in 1999, then what ... it's
year 2000, they have to wait another 100 years for their next double in revenues ...

And to think that some of the postings here are saying institutions are buying this stock ... no way ... they could lose their shirts on this company....

I'm shorting and will continue to short ....
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