Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Stanley L Brown who wrote (14816)	3/31/1998 7:56:00 PM
From: Michael	Read Replies (1) of 18263

Zitel closes quarter without any y2000 revenues. More important Zitel fails to obtain new financing. Zitel cash balance as of today will be revealed on or about 4/27. If Zitel were to enter conference call without new financing in place. Then the cash balance number might reveal that Zitel is on the verge of bankruptcy. Your Friend, Michael

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