Zitel-ZITL What's Happening Message Board

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Technology Stocks : Zitel-ZITL What's Happening

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To: Gustav G. Widmayer who wrote (4631)	3/1/1997 2:20:00 PM
From: Lyle Abramowitz	of 18263

Hey Gus, Did you have a bad night or something? You wrote: I am tempted to agree with M.M. that most companies are heading for a fall if they put this topic off until the last minute. I have NO DOUBTS that there will be a wave of selling on this stock in the weeks to come, (even my Broker is pulling the trigger), and I see that money can be made elsewhere in the interim, but guys like me who work 80+ hours a week, (sorry HML04), can't time the market like the rest of you. I don't want to miss the run up of Zitel when it happens again. So, I am stuck with this for the time being while all the rest of you Baby-Boomers unload your risks for safe harbor...funny how age sets in on the "enlightened generation." What the heck are you talking about here? If you can't take the heat get out of the kitchen! No one made you buy such a volatile and speculative stock as ZITL and certainly no one is making you hold it. If you are so sure that ZITL is going to sell off before it peaks, wouldn't it be prudent to sell it now and buy it back later at a lower price? If you are really concerned about missing a big upside move later you can set a limit order to buy at your desired price. This is all about making or losing money and it's not personal. I'd also look somewhere else for "enlightenment"--although one could make a spiritual argument for doing most things in a detached precise manner. How ethics and morals factor in is a bit over my head. I really don't see how there is anything generational about this. Other than that your post seems to exhibit the whininess that some try to associate with your generation.<g> Many longs (particularly the early ones) made lots of money on ZITL. Never bothered me a bit. Good luck in your trading. Regards, Lyle

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