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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?

To: Roger A. Babb who wrote (18168)	1/1/2000 3:55:00 AM
From: Dave Mansfield	Respond to of 18263

Roger, agree with your evaluation of Zitel/MatriDigm and your money making strategy for investing (shorting) the stock. Be careful however with applying that strategy with overvalued internet stocks. Zitel/MatriDigm had but a few short months to make their wad before their product became obsolete. I agree the internuts are overvalued here, but the hype can continue on for possibly years. The internuts are not saddled with the deadline Zitel/MatriDigm had with the Y2k issue to prove themselves or not, nor are most of them saddled with the bankruptcy deadline the current Zitel/Datametrics is. They can hang on for years making very little money and hanging on to the hype. Most are not concerned with the impending bankruptcy dilemma facing Zitel. But if you spot a good internet short, feel free to share it off topic with this board. Happy New Year into a safe Y2k it appears.

To: Roger A. Babb who wrote (18168)	1/7/2000 10:15:00 AM
From: E Rosen	Read Replies (1) \| Respond to of 18263

One more time, with feeling... Hello old friends! Zitel did treat us very well. For old times' sake, anyone care to guess at the results in the upcoming quarterly report? Their profit/loss, cash level, revenues from Datametrics? When/If they will go bankrupt, or whether they will morph one more time? Recent events: Zitel announces it is a Linux company. (Because Datametrics has a shareware product called VisualRoute, which now runs under Linux. The product provides a visual display for the standard Unix utilities traceroute, ping, and whois.) Zitel announces the CTO of Merrill Lynch has joined their board of directors.... But it turns out (later that day) to be just some VP at Merrill (who has either resigned or been fired, and is on a long vacation and therefore cannnot be reached). Zitel announces they have a credit line.... namely the ability to borrow against their short term receivables at 18% interest plus other fees. Zitel is sued for breach of contract in the Matridigm merger.