Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Albert Mou who wrote (887)	11/15/1996 10:47:00 PM
From: Ken Holbert, Jr.	of 18263

I shorted at 40.5 and 33.5. But I've boxed my shorts and day traded a few times. I bought tues at 41.25 and sold Thurs at 48.125. I planned to short at 47 today but too much uncertainty held me back. With the profit I made giong long I could do O.K. by buying in at 43 However I still think this stock will fall more. I plan to sell around 35. Once the 18th is over I don't think the buy frenzy will be as great. If people only knew that a stock split means virtually nothing, this stock would have taken a lot longer, if ever, to reach fifty. Every time this stock tanks, Zitl pulls a Hype trick out of it's hat and the illusions becomes to overpowering for the longs and they buy more. They say subliminal messages do not work on everybody. I guess I am one of the few. This is my opinion only, Maybe i'm just old fashioned, I still believe in fundamentals.

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