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Technology Stocks : Zitel-ZITL What's Happening

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To: Michael who wrote (17883)5/5/1999 12:07:00 PM
From: Mark L.  Read Replies (1) of 18263
 
I wouldn't worry about Zitel becoming worthless in 1999. Even if they were to declare Chapter 11 tomorrow, it would take years to either get out of bankruptcy (extinguishing the common stock) or to clean out the short position.
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