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

To: Lyle Abramowitz who wrote (12456)	10/31/1997 4:02:00 PM
From: Stanley L Brown	Read Replies (1) \| Respond to of 18263

Lyle, You are Joke King right? :))))) Happy Trading Stan Im comfortable with my short position going into the weekend. :) Look like Zitel made it into the top 5! :) Top 5 losers that is.

To: Lyle Abramowitz who wrote (12456)	10/31/1997 5:15:00 PM
From: Bearded One	Read Replies (1) \| Respond to of 18263

Interesting. The purchase of those 3 tiny companies made sense from a publicity standpoint since their revenues have been included without comment by places like Briefing.com. Traditional market plan of a high-flyer (see AOL, Yahoo): Step 1: Increase revenues as much as possible no matter what the cost. Step 2: Use economies of scale to decrease costs to the point at which you are profitable. Of course, nobody seems to ever get to Step 2, but that doesn't prevent people from getting excited about it. Oh well, just means we all can short more.

To: Lyle Abramowitz who wrote (12456)	10/31/1997 5:21:00 PM
From: Graeme Smith	Read Replies (2) \| Respond to of 18263

Seems like briefing.com didn't do their homework. Their analysis is a bit of a farce. They almost seemed to be trying to pump the price up to offload their own holdings. The reference to one of Soros's investment owning Zitel stock is completely fallacious. Also they obvious didn't know, or didn't wish to state that this years earnings were padded by the new companies they bought. One question I do have. Why did sequential revenues increase so much? I thought that the revenues from the new companies were already on Zitels sheets last quarter. Can anyone answer this? Graeme