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


To: Arthur Radley who wrote (12223)10/30/1997 5:44:00 PM
From: Stanley L Brown  Read Replies (2) | Respond to of 18263
 
TD,

As was prophecied in the book of Zitalations "the time is upon us"

Happy Trading

Stan



To: Arthur Radley who wrote (12223)10/30/1997 5:51:00 PM
From: Zebra 365  Read Replies (2) | Respond to of 18263
 
I think I saw that mobile factory at the Y2K conference in Dallas.

It was a converted horse trailer hooked to the back of a 1974 Chevy pick-up.
Needed some paint, but otherwise was very professionally done. Had a bumper sticker on the back that said, "Dad went to the Cayman Islands and all he brought back was this lousy stock." It's parked out at the Mesquite Rodeo now.

Too bad angel tricked me into covering today...not!

Zebra



To: Arthur Radley who wrote (12223)10/30/1997 5:57:00 PM
From: John Kratus  Read Replies (4) | Respond to of 18263
 
Subtleties in the call:

Passing the Blame
King is a master of blaming others: first quarter it was the inept IT people in Nevada, 2nd quarter it was the lawyers, now he blaming potential customers who are too stupid to know that they have to get started on y2k now. Even the Gartner Group comes in for blame, because it was their estimates that said that companies would be ramping up now.

Secrecy
Not revealing how many try-and-buys leaves open the possibility that contracts could come any day now because of "significant ongoing activity." It was the so-called "secret contracts" that propelled a company with no y2k credentials to this ridiculous market cap in the first place.

IMO, this conf call was the end of the Zitel story, as we know it. I used to think that the jokes on this thread about support for ZITL at zero were just that, jokes. But now I am convinced that there is no viable company here, no way, no how.

I feel sorry for all those folks that bought the lies and half-truths and lost their money. There will be lawsuits about management predictions of contracts (note the angry question about King's statement in Philadelphia that there definitiely WAS a second contract), and the Zitel scam of the late 1990s will be the subject of more than one book and doctoral dissertation.