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Technology Stocks : Zitel-ZITL What's Happening
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To: Michael who wrote (14877)4/9/1998 11:08:00 PM
From: corey haber  Read Replies (1) of 18263
 
michael you are absolutely right. According to my calculations a merger would create roughly 50 mill worthless zit shares. thus wise a market cap of 600 mill which is zit at 12 is much too generous even for the disillusioned longs. Look for stock to go below 5 unless bankruptcy proceeds.
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