INSANE PROFITS IN ZITL !?
Let me clarify, Matridigm has no recognition, very little trade magazines coverage.
Who will make money in this Y2K thing? CA, Viasoft, Intersolv, Data dimension, Microfocus... and a few others that MIS folks know.those MIS guys want a sure thing, they know they cannot be fired for choosing CA software that did not work perfectly, They know that if they choose imperfect software from a little unknown company like Matridigm, they take the kick in the ass in a big way, and since the cobol guys are kind of older guys it does not sounds like great prospect to them.
Also since Matridigm and their product is close to unkown to MIS folks... is very easy for Matridigm Mgmt to claim anything... no-one can refute, no-one knows about it!!!
Why Insane profit? because to my opinion the accumulated profits on ZITL is based on massive collective ignorance (border to insanity).
Now, Autumn, if you expected insane collective behavior on this stock good for you and you deserve your profit, just make sure you have a stop loss, or buy all the put you can
Last if you think you are the next Warren Buffet because you made 10 X on your investment, you are set for a big surprise...
Personnally I will short ZITL on the 31 and long VIAS the same day.
happy new year.
Eric |
