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Technology Stocks : Zitel-ZITL What's Happening

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To: Warren Gates who wrote (249)10/21/1996 11:51:00 PM
From: paul goldstein   of 18263
 
warren, i appreciate your postings..because of you i read all the notes and the barrons article.
since i am long zitl...monday morning i bought more at 35 after the first 100 thousand traded and it was an uptick.it dropped to about 32 area and i bought more at 33 on the next bounce up/
well as it rose i sold at 34 one batch and i got 37.25 on the second batch for the day.
i am still long this stock but am thrilled at the bounce back
the big push started about 3 something p.m. and lasted about 15 minutes before the pull back.
now for conversation only. i really have no intention of owning zitl in six months or in three mothes..so, the future profits or next 100 years has no meaning to me.
i realy look at the next few days or , maybe a week more.
now at 40 i sell more shares and keep the rest till i see any type pull back.
so i think all the folks who trade zitl thank the rest of the board for keeping it lively and understandable.
now this new report i think is going to be bullsih for zitl
for day traders.. i like to watdch the buy or sell orders on the screen before the market opens.. zitl allwys is up or down by a point or more. so its not actuall trading till the bell rings, but its a great indicator
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