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


To: John Kratus who wrote (12242)10/30/1997 6:24:00 PM
From: Roger A. Babb  Read Replies (6) | Respond to of 18263
 
John, I predict that it will be impossible to short Zitel tomorrow. Will open about $12. It is over. I will cover at $4.



To: John Kratus who wrote (12242)10/30/1997 6:24:00 PM
From: Franco Battista  Respond to of 18263
 
John, don't be surprised if this stock continues to show resilience tomorrow and in future. Shorts need to be very patient to make real money on this one. I've covered some shares during the recent slide but will not cover the remaining short until I see single digits. However, I know many will cover tomorrow and artificially keep the price from dropping to what the company is worth (worthless). Covering in the single digits will take patience in my opinion. Then again, I hope I'm wrong!