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Technology Stocks : Zitel-ZITL What's Happening

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To: Michael who wrote (17311)10/21/1998 9:21:00 PM
From: Timoteo  Read Replies (1) of 18263
 
I'm in no rush to cover. I believe this is a concerted effort to jack up the price prior to the loss announcement for this quarter. There is enough short interest to generate a lot of volume from any real attempt to crank the price a bit. There are a lot of people waiting to unload shares and I predict that the quarterly report will be the usual-no profits, no big $$$ contracts and long on hype for the ZITL matridigm merger. I predict stock will hit a new 52 week low within a week after earnings are announced.

Best Wishes,

Timoteo
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