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


To: angel who wrote (12103)10/29/1997 11:16:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 18263
 
angel, I will grant you the "powderkeg of shorts". That is fact. But the question is whether the match will light or just fizzle tomorrow night. There is also a powderkeg of nervous longs, some on margin,and it may be their match that gets lit if there is still no y2k revenue tomorrow night.

"The contract is on the desk" won't get it done this time. As some nice little old lady once said: "Where's the beef?"



To: angel who wrote (12103)10/29/1997 11:32:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 18263
 
Wow. You sound like you really know what you're doing.

By the way, I notice that your account has been active since Nov. 1996 and you have only recently started reposting...and your only posts are about Zitel.

Just out of curiosity...how much money have you lost on this stock?



To: angel who wrote (12103)10/30/1997 12:02:00 AM
From: Don Kelly  Respond to of 18263
 
<<Tomorrow night the match will be lit.>>

Actually, tomorrow morning the match will be lit. Over the next few days, starting tomorrow, the stock market will begin falling and won't bottom until about the 6300 level. Yesterday's 300+ rally was a 50% retracement to the old high of 8300, and this morning's 120 point rise fizzled after three tries, evidencing a classic bull climax. Anyone who is long Zitel and most other stocks over the next few weeks will see their portfolios decline dramatically.

Send me $10.00, no, $20.00, and I'll tell you how I know all this. Meanwhile, Angel, don't bogart that joint, son, pass it over to me. Anybody who makes explicit predictions about the market has gotta be smoking something.