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 (14825)	4/1/1998 3:35:00 PM
From: White Shoes	Read Replies (1) of 18263

RISK FACTORS from ZITL's 10-K filing (5th in a series): (& my personal favorite) "The price of the Company's Common Stock has been subject to extreme volatility during fiscal 1997, as the closing bid price has ranged between a low of 10-7/8 and a high of 61-1/4. The Company believes that the principal reasons for this volatility are rumored progress of and rumored problems in the product development program of MatriDigm. MatriDigm is a private company and the principal vehicle for public participation in ownership of MatriDigm is indirectly through ownership of Common Stock of the Company. MatriDigm has been unable or unwilling to provide public information on a regular basis about the status of its development and marketing efforts, and as a result an opportunity is presented for third parties to initiate rumors which result in significant swings in the price of the Company's Common tock. Until MatriDigm discloses the generation of significant sustained revenue, it will remain difficult for investors to apply standard methods of analysis to the value of the Company's investment in MatriDigm and the pattern of volatility may continue."

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