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Technology Stocks : Zitel-ZITL What's Happening

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To: Stanley L Brown who wrote (1453)12/5/1996 6:47:00 PM
From: Andrew Hui   of 18263
 
Stan,

Glad you didn't take offense. Worry about your 2500 ZITL long only in that it closed at an all time closing high. Today's action means very little unless tomorrow's action confirms the direction one way or the other. On the long side, it made an all time high on heavy volume. On the short side, it closed very weak after a strong up day. IMO, I think it still was a positive day. For it to be a blow-off day, it should have closed down, which it didn't. But, that's all rhetoric until tomorrow...for what its worth, whichever way it opens tomorrow, it'll reverse within 30 minutes.
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