Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Michael who wrote (14593)	3/14/1998 12:03:00 AM
From: J.S.	Read Replies (1) of 18263

Jan. Cash lose of $2.2 mil. Feb. Cash lose of $1.8 mil. Mar Cash lose of $1.6 mil. Apr Cash lose of $1.5 mil. Total cash lose of $8.7 mil. When I add up those four months I get $7.1 mil. However, I don't think they will be able to bring expenses down so quickly. You are being charitable, right? No matter. Matridigm is involved in a multimillion dollar deal with a Texas local government. What is the implication of this for Zitel's revenue? Isn't this an example of Y2K revenue for Zitel in the sense that it is the chief means by which they will gain revenue through their stake in Matridigm? This is an important point. Is the recent run-up at least partly related to this deal? Joe

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