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Technology Stocks : Zitel-ZITL What's Happening
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To: Bill Wexler who wrote (14600)3/14/1998 2:01:00 AM
From: J.S.  Read Replies (1) of 18263
 
BRCP claims to have a contract of more than 3 million. I doubt a
majority of this is automated COBOL code convergence. (by the way,
this is the breakdown item for Y2K that is relevant to ZITL. Puts the
600 Billion figures to rest.)

Is this a lie?

I am very sympathetic to the scenario you are spelling out. In fact,
in September of 97, I predicted that these kinds of stunts would be
pulled in order to help the Cayman "investors".

Also, as for the manipulation of this stock, I had an exchange with
Jas in which I pointed out that on the first day of this recent
runup ZITL March 15 calls were sold in large number below
their theoretical value.

Also we had a few posters sign on to SI who appeared to simply want to
hype ZITL. Yahoo has been full of nonsense. Do you have any other
concrete evidence?

Joe
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