Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Stephen Adnan who wrote (2185)	12/28/1996 2:32:00 PM
From: Larry Davis	of 18263

For those interested, Zitel was once again mentioned on the nightly business news last night. This was the 3rd night this week it has been mentioned. I don't agree that this short squeeze is about over. Was talking to my broker yesterday about the size of shares being bought. He was seeing many 5k and 10k blocks.Looks like institutions are buying. This will make it harder for shorts to cover. It's about at the point that they need to cover no matter what the market price demands. Also, a friend of mine was talking about the latest Stewart update letter. He's mentioned some heavy duty names joining the Matridigm board. Maybe somebody else can post these names. I do not have the letter and rather have correct information before I post. later,

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