Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Gerald Underwood who wrote (403)	10/25/1996 10:47:00 PM
From: Warren Gates	of 18263

Ooops ... somebody in the bull's camp finally admits Matridigm is no silver bullet ... just a company on track to dominate the conversion portion of the total Y2k fix ... do I smell some weakness here ??? Let's see, when Zitel was $44, the run-up was $34 so at 7.5 million shares, the 35% equity of Zitel is valued at $255 million, implying a $730 Million valuation for Matridigm ... which hasn't had a single sale ... just a quarter of a million more and its gonna be a $1 billion dollar company, again without a single sale ... come on Gerald, push it up, so it can be in the distinguished BILLION DOLLAR CLUB together with the INfamous IDID ... POP QUIZ: How long did it take IOMEGA to be worth $1B and how much revenue did it have at that time ??? Just something for all you ZITL holders to think about over the weekend ... Still sweatin' Warren

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