Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: TEDennis who wrote (17400)	11/15/1998 3:36:00 PM
From: Timoteo	Read Replies (2) of 18263

Ted and all: here is something else to reflect on besides SOROS magic indicator. ZITL has been under distribution for the last three days at least. This is the dump part of the pump and dump. The company has been kind enough to not release their quarterly report-this is the longest its taken in the 2+ years I've followed the stock. Last week I tried to buy 20 December puts. Put my order in splitting the difference between bid and ask. The ask immediately went up and my bid became the bid. Upped it an 1/8, happened again. All the time, no movement in the stock price. Obviously, option writers aren't real confident in this one either. I'm just hoping for an earnings (loss) report by Christmas so I have some extra money for presents. Best, Timoteo

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