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

To: Marconi who wrote (12714)	11/7/1997 3:15:00 AM
From: Dale Baker	Read Replies (1) \| Respond to of 18263

My comments are based on holding an ordinary Top Secret clearance since 1987 and working in Washington (State and USIA) and four embassies overseas. A clearance above Top Secret is known as a comparmentalized clearance. It is typically required to work on hardware systems used in classified communications and other work. This is common knowledge in the government, not a secret by the way. A full field investigation does take 6 -9 months; I doubt it costs hundreds of thousands, though I don't know the actual price. They don't initiate one without a concrete reason. In my case it was passing the foreign service exams to be considered for employment. There is no reason for an established company not to advertise that it is cleared for classified government work. That would help them compete for USG contracts. Personally, I find the idea of ZITL getting classified work absurd in the face of established competitors. It sounds like a way to hold up the price by convincing shorts to cover on a "what if" basis. Lots of big contracts just around the corner, just wait... That's just my opinion. Still holding my short position and not concerned.

To: Marconi who wrote (12714)	11/7/1997 8:00:00 PM
From: Druss	Respond to of 18263

Marconi--Thanks for the detailed response. My information on security clearances was as I said second hand. My father was on a bomber crew that carried nuclear weapons and he had the highest security clearance one could get at that time. Any classified information felt neccessary was open to him. But as he put it "I couldn't just walk into the Pentagon and look through whatever I wanted." It was still on a need to know basis. You obviously have more familiarity with this system than I do and it sounds like my father had the 'Q' level clearance though that is not what he called when talking to me. He left the military in the late 60's though. I agree Zitel should still show income on the balance sheet for any classified work they were doing. My reason for posting my information was it seemed some folks (long) were implying that Zitel personell might be sporting top level clearances and as we both have indicated these are serious and difficult things to get. I agree with you that Zitel technology does not seem to be vital and world leading in the sense of needing the government to oversee them and I see no reason to feel they have any contracts going with restricted or classified materials. All the Best Druss