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

To: Arthur Radley who wrote (11966)	10/25/1997 3:47:00 PM
From: John Kratus	Read Replies (2) \| Respond to of 18263

Re: 15% here and 15% there I have shorted ZITL seven times this year, and I have profited every time but once. I believe that when shorting stocks you have to take profits when you can, because the most you can ever make on your money is 100%, unlike going long where the potential is unlimited. So far in 1997, my investments are ahead by 80%, so I'm a pretty happy guy. Most of it came from 15% here and 15% there. Why is King doing the web-o-rama? I think it's because ZITL is facing a public relations nightmare: its "crown jewel" investment in M/D is generating no income, and King's credibility about y2k is waning fast, as indicated by Z's declining stock price. A typical, dry conference call on the telephone isn't going to turn this image around. The internet should provide just the right amount of smoke and mirrors to project a high-tech image without requiring too much substance. My guess is that we'll be hearing a lot about the First Data connection and the potential for huge government contracts. This may be enough for die-hard bulls to move Z up one more time. John