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Technology Stocks : Zitel-ZITL What's Happening

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To: dppl who wrote (965)11/19/1996 12:49:00 PM
From: Adrian Cosoroaba   of 18263
 
Thomas, suckers are born every minute and ZITL is no exception.
I can't qualify long holders of ZITL otherwise, especially after the recent press coverage and run up this stock had. The arguments in its favor are based on recommendations from garage type investment advice operations that are here today, but gone tommorow.
Manipulation for these type of small float issues is very common (see Presstek and Diana). The writing is on the wall that long holders of ZITL are risking a lot for very little return with huge downward risk.
I guess there always will be those types that like to jump out of a plane with a parachute that has high chance of not opening up.
The higher a stock goes up on hype or momentum if you will, the higher the risk of substantial losses. It's a risk/reward ration that makes little sense for long investors.
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