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


To: Marconi who wrote (12117)10/30/1997 6:47:00 AM
From: Arthur Radley  Read Replies (1) | Respond to of 18263
 
Marconi,
I always tell people when they ask me for advice..get out a piece of paper and divide it into two columns. One side Pros and the otherside
Cons. Then list what you think about the issue and always lean toward the Pros when you have doubts,especially when it is a stock that you are looking at to invest.

As this approach relates to ZITL, the only pro is that just by some miracle, something good can come out of the conference today but based on past track record would be dubious of such happening. I ran out of ink on the con side.

I'm holding Nov 20's with nice profits since I bought in Mid20's and I hold Dec 15's. Regardless, I should come out okay even if good news comes out today unless ZITL pops well above 20. I don't think the overall market is going to be favorable to much upside movement today.