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Technology Stocks : Zitel-ZITL What's Happening

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To: Mad Monk who wrote (238)10/21/1996 7:20:00 PM
From: Quad Sevens   of 18263
 
Thumbs up on Zitel from Emerald Research ....

Enjoyed your post, Monk.

I continue to offer you greetings from the Zitel message board on AOL. (Warren: Have a nice breakfast.)

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Subj: Re:New Review on Zitel
Date: 96-10-21 18:27:12 EDT
From: SMKCPA

I have the new review in my hands. It is from Emerald Research (www.emeraldresearch.com) and is 9 pages long.

It states that the report's key points are as follows:

"Zitel/MatriDigm offers a Revolutionary 'Best of Breed' solution to the year 2000 problem"
"Management team bolstered by Talented Industry Veterans"
"Potential Computer Malfunctions and Audit Warnings Create Sense of Urgency for Year 2000 fixes"
"Business Model Has Potential to be the Fastest Ramp of Any We Have Seen"

Some excerpts from the report follow:

"Emerald Opinion"
"The following report summarizes the findings of our work on Zitel Corporation including our site visit to the company, follow-up conversations with management, background checks and industry research.
"We believe that Zitel/MatriDigm offers a Year 2000 solution that is far superior to any other currently available. The final product launch is scheduled for later this quarter and we believe that the company's business model has the potential to be the fastest product ramp of any we have seen. As a result, the company's staggering financial prospects offer considerable upside to investors. We are initiating coverage of Zitel Corporation with a short and long term speculative buy rating and a price target of $ 75 per share."

The report then goes into a lengthy discussion under the following headings:

"Background" of Zitel
"The MatriDigm Team"
"The Year 2000 Time Bomb"
"How MatriDigm Fits In"
"Cooperation, Not Competition"
"Upcoming Notable Events"
"Hitting The Ground Running'
"How Does Zitel Benefit?"
"What Happens After January 1, 2000?"
"Share Demographics"
"Barron's Article Does Not Accurately Portray Zitel Risks"
"Summary and Recommendation"

Happy reading,

Steve
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Wade
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