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

To: John Kratus who wrote (12154)	10/30/1997 4:28:00 PM
From: CMason	Respond to of 18263

Not connected yet. A relevant note from the archives of the NIH (National Institutes of Hype): The Vcall conference call was the subject of no fewer than three press releases over the span of 8 days (releases dated 10/21, 10/22, and 10/29)! Truly a landmark in the annals of hyping and touting.

To: John Kratus who wrote (12154)	10/30/1997 4:30:00 PM
From: Russian Bear	Read Replies (1) \| Respond to of 18263

Guys, I have a question: Zitel recognized an expense of $1.57 million associated with the debentures, but the number of shares used in the per-share calculations did not appear reflect Cayman conversion (15.4 million.) Why not? Am I missing something? Or, can it be that the 15.4 million share figure represents the average number of outstanding shares for the quarter, while the Cayman folks converted very late in the quarter?

To: John Kratus who wrote (12154)	10/30/1997 4:31:00 PM
From: Marconi	Respond to of 18263

John: couldn't get in with login+pw, but SI 12148 link ties in. regards, MDR