Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: sheldon spivak who wrote (17209)	9/23/1998 9:19:00 PM
From: NYBellBoy	Read Replies (3) of 18263

Sheldon - The Big Short Money has been made on Zitel. If you had shorted @ $12 or so your profit right now considering the time value of money is great. The opportunity cost of waiting for the demise of "The Zit", another 2 -3 points, is not worth the potential reward. There is also a small possibility of a prolonged lull in the price or something could go right. There are other companies that are greatly overvalued or long term bargains based on the potential reward for the risk factor added. In other words, "Take the Money and Run". I will watch and if conditions warrant, I will be back. I don't agree with the "Short to Zero" philosophy; to me that is thinking with your heart and not your brain. This is not meant as an offense to anyone, it's just my humble opinion. :) BellBoy

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