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


To: Michael who wrote (11999)10/27/1997 11:01:00 PM
From: Stanley L Brown  Respond to of 18263
 
Mike,

Ironic you would pick that price since that is where this thread started (not split adjusted but give it time) "I'm long on ZITL at 13 1/4 from two weeks."

Someone wake me up when the Fundementals change please.

Happy Trading

Stan



To: Michael who wrote (11999)10/27/1997 11:10:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18263
 
Michael, here is my guess:

Open at 15
High will be open
Close at 11 1/2
Low 11



To: Michael who wrote (11999)10/28/1997 4:23:00 AM
From: Marconi  Respond to of 18263
 
Michael,

14 3/8 open
14 9/16 high (before 10 EST)
12 15/16 close

I'm reflecting a greater factor of turmoil and how traders have handled it so far. I continue to think it will be end of December before Zitel will trend below 10. With turmoil, the herd effect to 'safety' -- look how AOL was handled-- is likely to pan support for Z this week. The turmoil is unfavorable for Zitel's report Thursday, which should arouse closer scrutiny. I wonder if Z will make an effort to delay the report?
Best regards,
MDR

An afterthought:

I wonder where the traders are going to put the dollars? Rates are dipping, last week Fed Reserves rose 1+ Billions in spite of 7+ Billions drop in foreign holdings of US debt, broad money (raw M3) rose $26 Billions last week (M1 was down, but of less importance), dollar is strong...hard to find a place other than the overstuffed US equities market for the cash.