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


To: John Kratus who wrote (11929)10/24/1997 1:47:00 PM
From: Graeme Smith  Respond to of 18263
 
Its funny when your short and you start seeing everything upside down. I re-read one of my posts the other day about Zitel breaking its resistance and realised that I meant to say support. Funnily from everyones upside down short perspective 18/19 is the resistance.

Also, thank God for Zitel. I am about 2/3rds long, with Zitel being my largest short position. My longs are getting absolutely hammered at the moment. On average they must be down over 20% from a few weeks ago. On the bright side, at the end of this quarter I should be able to find a few bargains. Hoping for Intel to drop below 70.

Graeme

Zitel 20 minute delayed, bid to 17 11/16.