Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Kathy Riley who wrote (16505)	7/12/1998 3:02:00 PM
From: Ruyi	Read Replies (2) of 18263

M/D, Zitel announced early last year they didn't make the tech. breakthrough they had hoped for as I recall. This resulted in a key director resigning and commenting (as reported on CNBC) that they(the team) may use the fully automated solution of a San Fran. based Y2k. company.The point I'm trying to make is whatever work they (the team) may get it is likely going to be contracted to third parties.Sorry if I was not clearer in my previous post. Zitels stock price early in 97 reflects this development, or lack of in this case IMO.

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