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Technology Stocks : Zitel-ZITL What's Happening

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To: Russian Bear who wrote (17215)9/24/1998 10:23:00 AM
From: Marconi  Read Replies (1) of 18263
 
Hello Russian Bear:

I agree, there is no meat in the press release. I think the primary value of the release is after a dearth of hype, now we will have a real data point for the PR response of ZITL volume and pricing in a rally market. The more recent announcements this year have had an effect lasting on the order of hours.

If I recall, the next financial report will be the annual in December, so it could be a spell before any material information is disclosed. Issuance of paper for money would be my hope for the interim to gain further insight as to the cash position, cash being my estimation of ZITL's value. I estimate Zitel will need more cash at year end.
Best regards,
m
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