Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: scot terzo who wrote (17832)	3/25/1999 1:35:00 PM
From: Bob Trocchi	Read Replies (1) of 18263

Scot... >>Zitl , and other y2k companies are down over fifty % from there former highs << Over 50%! Try 96% for ZITL! I do not have any position right now but ZITL was my best short ever and probably will always be my best short. Y2K business is dead meat, period. That game is over. Sure there will be some problems and some contracts but not enough to turn ZITL or other pure Y2K companies around by themselves. You mentioned KEA and they are surely down as well but KEA was a successful company long before Y2K and will continue to be a successful company. With that said, I do expect that ZITL will pull yet one more rabbit out of the hat. IMO, Jack King has been shifting emphasis toward SW with Datametrics. Sold off the storage business, did not buy MAT, recent promotions have gone to Datametrics people however I have not kept a list of those PR so I cannot point to a source. Will this create a POP to say 5-6? I sure hope so. I would love to take another elevator ride down. Bob T.

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