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

To: Mark L. who wrote (12554)	11/4/1997 1:26:00 AM
From: Marconi	Read Replies (2) \| Respond to of 18263

Mark & All: With big gains in the general market and Zitel down, tax-loss selling to offset gains could be a pressure Nov-Dec timeframe. And buy-ins to cover shorts might have a pop in early 1998, but shorting at the box produces much less pressure for shorts than for lossy longs this next quarter. Does anyone have some ways of getting at the potential to move Zitel on the tax-loss selling issue? It might be what Cayman's are waiting for, or possibly the institutions exiting their holdings. I'd guess that one or all would be self-reinforcing of a downward move. Best regards, MDR