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Technology Stocks : Zitel-ZITL What's Happening

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To: Gustav G. Widmayer who wrote (4676)3/3/1997 12:26:00 AM
From: Lyle Abramowitz   of 18263
 
Gus,

I'm taking you at your word about what Jack King told you. However,I remain quite skeptical that what he said is true. If it was a small enough stake not to require a filing, how would King know about it? Soros calls him up and tells him he's bought a few shares? I don't know. I have no pretense about knowing how Soros or his funds operate.

A few weeks ago some guy from a boiler-room operation cold-called me about buying a resource stock I'd never heard of. Told me that Carl Icahn was a buyer. He also got quite nasty when I told him I'd have to do my own research and never bought unknown stock on impulse from unknown persons.

That Jack King is talking like this to people he doesn't know sounds a little ripe. I doubt that Bill Gates goes around telling people who owns his stock.

Does it matter? I think we are just grasping at straws again since nothing's happening.

Lyle
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