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


To: John Kratus who wrote (12479)10/31/1997 8:50:00 PM
From: Arthur Radley  Respond to of 18263
 
I've sent two emails to briefing.com tonight pointing out how misleading their report on ZITL was. I first told them to not let the good ratings report that they got from Barron's go to their head. For any news service, for them to maintain any degree of success, they had to be judged ultimately by the truthfulness of their stories.

I told them that for them to state..."the stock of this Y2K software firm" is as far from the truth as calling an alligator a lizard. I told them that you can paint stripes on a donkey and call it a zebra if they wanted to, but in the real world it was still a donkey. I further clarified for them that ZITL only owned a decreasing 30% ownership and that the CEO had to admit that they had not received 1 cent of revenue from this venture but blamed this on the fact that corporations were not aware that they had a Y2K problem to address.

It probably won't do any good but at least I felt better after sending them the emails. There is one other source that I will persue and it might bring better results. As they say, "there is always jealousy between rivals."