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Technology Stocks : Zitel-ZITL What's Happening
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To: craig crawford who wrote (16891)7/28/1998 2:57:00 PM
From: Marconi  Read Replies (1) of 18263
 
Hello Mr. Crawford:
Are you watching the remaining components of ZITL? The press releases were essentially silent on the saga of declining revenues and negative margins in those segments, albeit anything booked for y2k would be positive revenue, and probably at negative margins--I would think they would need dozens of contracts to breakeven as with most of the other subcritical mass y2k efforts. Any estimates of burn rate?
Best regards,
m
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