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To: M. Frank Greiffenstein who wrote (5887)11/13/1997 11:45:00 AM
From: TokyoMex  Read Replies (3) | Respond to of 31646
 
Doc with all due respect....
Matrigm is the only one with y2k program. ZITL owns 5 % or so of Matrigm, and hence all the zitl hoopla.
MAtrigm took 1 1/2 mill bucks from ZItl when they needed the money for 5% in early days , which now I am sure they regret.....
Mat operates own y2k program as well.
So there is a definite distinction between and Mat and Zitl.
I am glad TPRO didnt sign up with ZITL. ( but then again its a perception. If ZITL was at 160 bucks like last year we wud be jumping up and down and still I hear large financial institutions are backing ZITL including Merril Lynch)
Joe TPRO



To: M. Frank Greiffenstein who wrote (5887)11/13/1997 11:48:00 AM
From: Money Mood  Read Replies (1) | Respond to of 31646
 
DocStone, Matridigm is a private co which is partly owned be Zitel. Say I own part of Topro, and I don't have any embedded chips business - this doesn't mean that Topro has no such business. Matridigm is real and has Y2K business of which we don't know much because it is a privately owned company and does not report and it's shares don't trade on the exchange. This summer I was in Silicon Valley and saw many Help Wanted ads from Matridigm looking for computer programmers to do Y2K work. But it is true that Zitel has very little (or not at all) Y2K business. Matridigm is a working horse, Zitel is one of the adventurous riders in the cart it pulls.

I always liked Viasoft and Peritus - I believe they are in the first ranks of Y2K players. (Check my post with a link in the clubhouse: first Y2K mutual fund is buying both these cos).And Peritus has systems integration contracts (not embedded chips).

I don't know about AnswerThink - looks like a good mediator.

Anyway this alliance doesn't hurt - it adds to the future. Even if nothing comes out of it - it costs nothing.

Congratulations with your baby's 1 year birthday!

Viktor.



To: M. Frank Greiffenstein who wrote (5887)11/13/1997 11:49:00 AM
From: C.K. Houston  Respond to of 31646
 
DocStone,

<investor/surgeon I know told me that ZItel and Matridigm are joined at the knees and ankles>

Let's put this to rest. Any further discussion should go on in the Clubhouse.

MatriDigm was officially started in Nov 1995, but actually founder Chang had been working on the technology since '82. In '95 Zitel was the first investor, putting in $3.5MM. In early '96 they owned about 30% of MatriDigm, a SEPARATE & privately-held company. Don't know how much they have now, but believe it's substantially less. Two different entities.
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