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Technology Stocks : Zitel-ZITL What's Happening
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To: CalculatedRisk who wrote (16728)7/21/1998 9:18:00 PM
From: Steven M. Kaplan  Read Replies (1) of 18263
 
>>Hmmm ... lets see: 1M LOC X $0.50 = $0.5M. ZIT receives 20% or $100K. Of course we need to subtract sales expenses. For a Company losing millions every quarter, this is a drop in the bucket!<<

Bill:

1- According to the NYS web site, the price to Zitel per LOC is $1.50, not .50.

2- Why are you assuming that of the total paid, only 20% goes to Zitel? Are you confusing this contract with the 20% commission that a TA gets if they just send a customer directly to MatriDigm without doing any front end or back end work?

Steve

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