SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Zitel-ZITL What's Happening
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zach Bennett who wrote (1944)12/24/1996 11:30:00 AM
From: Charles Carson   of 18263
 
Can someone tell me what will happen if Jan 6 turns out to be less than spectacular? What if the state of Nevada does not endorse MatriDigm enthusiastically? Here are two related stories by the Las Vegas SUN:

lasvegassun.com and

lasvegassun.com

Some particularly interesting tibits in the stories:

"The state has agreed to become a guinea pig for testing by MatriDigm
Corp., which boasts it has a quicker and cheaper solution to the
so-called 2000 computer problem.

It won't be known until the end of October whether MatriDigm possesses
the tools to do the job, but Marlene Lockard, director of the state
Department of Information Services, says it's worth the time to go
through the test.

......

Lockard won't divulge any more. She said she has a "confidential test
arrangement" with the company to allow it to try its patented method of
solving the problem. "They do it by automation and they don't go in line
by line.

......

The MatriDigm system operates on a Microsoft Windows NT system
with propriety software capabilities.

If MatriDigm lives up to its publicity, Lockard said the state will be able
to save a good part of that $36.2 million and complete the job more
quickly. A price and timetable won't be agreed upon until the end of the
testing in about seven weeks."

That was said on September 16, 1996. "the end of October" and "the end of the
testing in about seven weeks" have come and gone long ago. Shouldn't the Nevada result be out by now? MatriDigm must have worked on the Nevada project for four months now. Can you still tell me MatriDigm is 20 times faster than the competition?

We shall see on Jan. 6. At least Ms. Lockard has a contigency plan in case MatriDigm bombs. Do people who buy a high flying story stock like zitl have a contigency plan? Or do they really know what it means by "story" stock?

Good luck and Merry Christmas!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News