Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Craig Schilling who wrote (2272)	12/29/1996 9:44:00 PM
From: Warren Gates	of 18263

Craig, at this juncture, Zitel is almost a 1 billion dollar company, putting Matridigm's valuation at close to 3 billion ... true, there are really no clear cut rules here as fas as valuation is concerned but if history tells me that at some point, people holding this stock start clicking their tiny calculators before they sleep at night ... I was lucky enought to short IOMG near the top and at that point it was like a $5 billion company ... my reasoning then was if I had to lose my money, IOMG has to be a $10 billion company and how many $10 billion companies are there ??? So, if someone is to short Zitel now, for him to lose all his money, Matridigm has to be worth about $5 - $6 billion, and how many private $5 - $6 billion companies are there? I'm currently long a few hundred shares but have 3 pt stops ... been trying to find available shorts for the past 2 days ... Mondoman probably has them all ...

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