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

To: Roger A. Babb who wrote (12008)	10/28/1997 8:56:00 AM
From: doug doan	Read Replies (2) \| Respond to of 18263

Roger, Why is Zitl so strong? When I looked back and compared the recent drop in Zitl against the overall market decline, Zitl does not look that bad. Actually the stock is far far stronger than I can explain. While this has always been true since I have been following the stock,I am nevertheless a bit perplexed at why Zitl held up so well. Seems to me that the flight to quality is underway. Logic would suggest that Zitl would be hit hard but so far it really has'nt. Stock according to my value-oriented models should be around $3 and rated as a speculative stock only until it produces some earnings or at the very least begins to slow the losses. What gives?