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Technology Stocks : Zitel-ZITL What's Happening
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To: Captain Jack who wrote (17235)10/6/1998 5:10:00 PM
From: Scooter  Read Replies (1) of 18263
 
Can anyone tell me my why zitl would pay 80+ million for a company that has less than 5 mill in revenue through 1998. That's 25x sales
Also, how is Zitl paying for Matridigm. With new shares? What happens to the short interest of 5.5 million shares with the tax-free exchange into the new Matridigm? Do they need to be covered?
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