SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?


To: BonniesGuy who wrote (12705)11/6/1997 10:20:00 PM
From: Roger A. Babb  Respond to of 18263
 
BG, I said "almost no contracts" because Nevada does exist. Yes you are right on one point. I am not too proud to admit a mistake. If Zitel were by some miracle to sign real contracts for real revenue that would justify a higher price, I would switch sides in a heartbeat. I was short Citrix bigtime when the MSFT contract was anounced and the price doubled in a day, but I was nimble enough to end the day with a profit, and then short again as it overshot. A professional investor always has an open ear, open eyes, and an open mind. But all I hear at the moment is the fat lady warming up to sing.

By the way, tomorrow is likely to be an ugly day for tech stocks and Monday will be worse. You can save yourself some money by selling Zitel at the open and buying back Monday afternoon.