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Technology Stocks : Zitel-ZITL What's Happening
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To: Stanley L Brown who wrote (1206)11/27/1996 5:38:00 PM
From: dppl   of 18263
 
Hi Stanley, this stock writes the book of divergences... gap up this morning, closed below it... decreasing volume. One other important thing from the papers today: short interest on the stock is actually up 25% or so since last month! That means, I think, that more than 1/3rd of the traded float is short! Moral: high volatility, 5 point swings in one day - keep your finger near the trigger (both ways), but inevitably down. Timing is in the hand of real numbers and a 2 year forward looking P/e not test sites and the ZITL PR squad.

Thomas
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