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Technology Stocks : Zitel-ZITL What's Happening
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To: M. M. Jones who wrote (2209)12/29/1996 3:44:00 PM
From: Larry Davis   of 18263
 
M.M.Jones
I could not agree with you more. Why should longs sell before the
announcement date? I've been holding Zitel since the middle of
October. The way I see it, the announcements will either be very
good or very great. At this stage, a bad anouncement is next
to impossible. This has gone too far, especially with the stock
split. If a sell-off takes place, it should turn around after a
$10 drop. It's not worth it, especially if you wish to get back in.
Unless you can stay on top of it, it's hard to catch these swings.
In a earlier post, I commented about my broker moving my shares
from cash to margin. I did not realize this until I checked my
account. I moved it back to cash. Somebody got a call, darn it!!!
People need to check their accounts and see if this is happening
to them. Let's squeeze this all we can!!!

later,
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