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Technology Stocks : Zitel-ZITL What's Happening

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To: Gerald Underwood who wrote (979)11/19/1996 6:05:00 PM
From: dppl   of 18263
 
Gerald, this *is* a small fringe of mutual funds and my point was not that there have not been funds in ZITL for years - in fact the large majority I'm sure were in well before the recent runup - but those who are now "playing" the ZITL momentum ride are doing just that - they are playing, not investing - if you will allow that turn of phrase.

Many of these funds are not allowed to short, so I imagine they will be taking their profits wherever possible. Wouldn't you?

Thomas
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