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Technology Stocks : Zitel-ZITL What's Happening

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To: Mark the K who wrote (16925)7/29/1998 5:09:00 PM
From: Marconi   of 18263
 
Hello Mark the K:
I am a bit concerned about (a) It not going very quickly to support at 4
After the previous hyped run-up this spring, with bankruptcy imminent, ZITL stair-stepped down in fairly orderly fashion. Cautiously, I would suggest that this process is recurring with essentially the same crowd as then, with a tendency to close at 1/4 point and 1/2 point levels every several trading days. It was annoying slow then, and may be so now.
Best regards,
m
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