Zitel-ZITL What's Happening Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Zitel-ZITL What's Happening

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Steven M. Kaplan who wrote (17287)	10/14/1998 11:08:00 AM
From: Marconi	Read Replies (2) of 18263

Hello Mr. Kaplan: Frankly, I think your 'question' and apparent satisfaction with the conference call 'response' was a banal exchange. The persistent avoidance of substance is characteristic of poor management practices; the performances of Matridigm and Zitel are dismal and often reflect many poor management practices, including making flowery statements and informing investors of nothing--that is misleading. The quote from the cc you cite is an example of this. Normally, candor is called for to have decent investor relations. That is lacking with Zitel in my two years experience observing the company spokesmen. Investors' equity is being squandered. To justify the present market capitalization of the newly diluted shares would require an unheard of level of business growth successfully, with very substantial performance immediately and for at least the next year forward. The cc confirmed to me that I should expect continued losses from the combination, and to remain short...through 1999 if need be. Regards, m

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next