Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: CalculatedRisk who wrote (16903)	7/28/1998 8:51:00 PM
From: Rajiv	Read Replies (1) of 18263

IMO, a merger would be the ultimate death blow for ZIT. I do not expect a merger IMHO, a merger will definitely be done. The Matridigm insiders/employees need to cash out of their options/shares. Zitel needs Matridigm for the hype and Matridigm needs Zitel. One of the biggest mistakes of Zitel/Matridigm was not going for a secondary for Zitel and an IPO for Matridigm in the spring of 1997. They are now being forced to go for convertibles (we may see another one in 1998). A merger would mean the end to all secrecy about Matridigm's revenues/contracts. Regards. Rajiv

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