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

To: Craig Richards who wrote (12519)	11/2/1997 5:30:00 PM
From: Michael	Read Replies (1) \| Respond to of 18263

"Jack Said" Jack King: Yeah. I think we declined to talk specifically about the number of accounts and whatnot. We're not even giving clues because, in the past, if we are too definitive,then inquiries start going directly to those accounts. And it's cost us some business. The comment that I made is that the number of active accounts-and I assume you're talking about the Y2K.

To: Craig Richards who wrote (12519)	11/2/1997 7:08:00 PM
From: Roger A. Babb	Read Replies (1) \| Respond to of 18263

Craig and all, Jack King commented that the worldwide IT budget was between 3 and 3 1/2 trillion and y2k would be about 10% of that. Can anybody confirm the 3 trillion number? I tried adding up the revenues of all listed IT companies and it was not even close. In fact 3 trillion excceds the sum of the income of most of the countries in the world. Logically the USA should be about 1/3 of IT expenditures, so that is 1 trillion, or over $10,000 for every USA family. For comparison, the gross domestic product (GDP) of the USA is only about 7 trillion. To put it in perspective, the combined annual revenues of MSFT, IBM, and INTC are about $100 billion which would say that they are a very small percentage of the IT market. Another way of looking at it, I have read that IT budgets are on avaerage about 1% of corporate revenue, that implies that we must have over 300 trillion corporate revenues worldwide. I just can't think in numbers this big, but it seems like too much.

To: Craig Richards who wrote (12519)	11/2/1997 9:59:00 PM
From: SOROS	Respond to of 18263

Multiple personality head of ZITEL Isn't there already a computer game called "You don't know Jack!" Perhaps we could invent a new one called "Jack don't know Jack!, but he does know a weeny, California, newsletter hypester!" I remain, SOROS ps Seriously, with the newsletter hypester now saying that he is saving his cash to buy more Zitel sometime before the end of the year, this means HE even thinks that $13.00 is not the low. He didn't buy then. Perhaps I'll even put an order in for 1000 shares at $2.00. On second thought, when Bre-x was at $20, it went to below $2.00 within a couple of days. But there was a temporary bounce after this. Even if Matridigm "has the goods", selling now and buying much lower might save a good chunk of change. pps The above is pure garbage -- only dreams of a lunatic. No truth. All a fairy tale. Pay no attention.