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Technology Stocks : Zitel-ZITL What's Happening
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To: Andrew Hui who wrote (1605)12/11/1996 5:17:00 PM
From: Guy Peter Cordaro   of 18263
 
Gentelman,

I am new to this board and have read several posts about Zitel. I think and hope that this stock will drop like a rock. When? I do not know. But how in the world can a company with only 24million dallors in sales and 50 cents a share earnings have a market cap of 450 million. Even with 35% ownership of Matri. How much can they earn on the y2k problem? Then what happens to these companies after 2000? I know that in my own company I will wright the code myself. I am running on IBM systems 36.
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