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Technology Stocks : Zitel-ZITL What's Happening
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To: Captain Jack who wrote (17235)10/6/1998 11:24:00 AM
From: port_mgr  Read Replies (2) of 18263
 
Zenith acquisition has nothing to do with the old Zenith. Nor does the conversion of preferred into common suggest it will be sold soon. It merely puts all holders on the same level. Some of the assumptions here are funny, but incorrect. The md shareholders will not be able to sell for at least a certain period after ther merger happens, which means some time next spring at the earliest. Nothing to worry about, especially given the dynamics being discussed on the cc right not.
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