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Technology Stocks : Zitel-ZITL What's Happening

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To: Warren Gates who wrote (114)10/17/1996 2:12:00 AM
From: Philip H. Lee   of 18263
 
I suggest you analyze Stewart's report on Zitel.

Likening Zitel to Ancor is an easy, though questionable, analogy. Zitel will stand on its own merits, regardless of whatever technical patterns it shares with Ancor.

I don't agree with Stewart's $699 per share potential valuation, but his report contains some important facts. Zitel has already withstood a negative press release and an analyst warning within the last few days. If Zitel was just hype, the bubble would have already burst. Shorts could get hurt on this stock if they don't evaluate all the information on ZITL.

stewartreport.com

Philip
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