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Technology Stocks : Zitel-ZITL What's Happening

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To: Mondoman who wrote (500)10/29/1996 4:45:00 PM
From: Chi-X   of 18263
 
Yea, I shorted more ZITL today too. So far, I've shorted & covered ZITL about 3x in the past week. Can you believe that ZITL was trading in the $39 range today? When I saw ZITL jump to nearly $40, I just saw a bunch of dollar signs flashing in my head. I'm kinda glad the Barrons article didn't kill ZITL to the low 30's 'cause I covered most of my other shorts last week. I'm glad this puppy still has strong followers tugging at each end. I prefer to stay on the short side and not to go long in between the daily spread because I have a feeling someone may be pulling a scam with this vaporware product with the stocks super crazy valuation that makes IOMG look like a bargain. Reminds one of IDID back in the Spring. Also, the classic question: What happens after the year 2000 just 4 years from now?

Chi-X

<<I shorted even more Zitel shares today. How about you?>>
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