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Technology Stocks : Zitel-ZITL What's Happening

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To: Stanley L Brown who wrote (109)10/16/1996 11:36:00 PM
From: Warren Gates   of 18263
 
That's a pretty nice profit for you ... I'm awed by the amount of risk you're willing to take on a company that has declining earnings and revenues, pinning its hope on a software that has a shelf life of 2 years, whose next upgrade will be released in the year 2097 ...

What can I say, I'll take the cash and ride it down ... the right leg of the formation is going to happen any day now ...

I'm short but not by much ... I don't do this for a living ...

MOST OF ALL: Don't forget the lessons of July 96 ... when stocks like Zitel start moving ... and the big NASDAQ tech guys stall ... another correction is just around the corner
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