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

To: Mark Stevenson who wrote (12998)	11/24/1997 3:49:00 PM
From: Rubber Man	Respond to of 18263

Now, suppose Mr King say Zitel have signed a contract. What would happen? 1) Current longs rush to buy more to add to their positions 2) Stock goes up. 3) Mr King sells his position. 4) Stock goes down again. What is your price target for this stock? If you're like most longs, you would be in the red at the moment. If the stock goes up, many would just sell at the higher price to claim a loss for this year, which would again, bring the price down.

To: Mark Stevenson who wrote (12998)	11/24/1997 4:04:00 PM
From: Stanley L Brown	Read Replies (1) \| Respond to of 18263

Mark, Mouhahhahaa again, you keep me in stiches! Dejavue I've heard that excuse before and he is still buying more you claim??? :))))) Steven has been one of the loudest WRONGEST shills involved in this farce! I hope you get all your investment advice from him, you wont be investing long if you do! But I still hope you have a good day. Another great day in the ZIT's saga down another 1 3/32 Happy Trading Stan

To: Mark Stevenson who wrote (12998)	11/24/1997 4:34:00 PM
From: Russian Bear	Read Replies (1) \| Respond to of 18263

Hey, Mark, ol' pal! If SMKCPA says that it is "a very bullish signal," it has to be true, right? I'm glad, for your sake, that the signal isn't bearish. If it were bearish, ZITL would have probably declined even more. Isn't that so? BTW, stop by my hamburger stand, when you get the chance. I'll treat you to a nice, juicy bacon cheeseburger with "the works." I can afford it, don't worry, thanks to all these "very bullish signals." ;-) XOXOXO Russian (waiting for Art Chait's 144) Bear-Guy

To: Mark Stevenson who wrote (12998)	11/24/1997 4:58:00 PM
From: CalculatedRisk	Read Replies (1) \| Respond to of 18263

Mark, so many falsehoods in such a short post! Falsehood #1: Mr. King exercised his options. According to the 144 filing, Mr. King filed to sell 60,000 shares from his holdings of 630,846 shares. So either he did not exercise any options or he has failed to file required SEC forms in the past. Falsehood #2: Mr. King sold to pay the tax obligation on the options exercised In general, when you exercise options, there is no tax consequence. You only pay taxes when you sell the shares - and the basis is the exercise price. There are special situations, such as if the options were granted below fair market value, then Mr. King might have tax consequences when he exercises the options. But there is no evidence of this in any of Zitel's filings. Falsehood #3: Kaplan, CPA. CPA? This is a joke! Falsehood #4: Where did you get the 100,000 share number in the previous post: exchange2000.com Do you enjoy just making numbers up? King's holdings increased 40,000 shares? Huh? Another FALSE statement. Without Regards, Bill

To: Mark Stevenson who wrote (12998)	11/24/1997 6:12:00 PM
From: CalculatedRisk	Read Replies (1) \| Respond to of 18263

Mark, I was mistaken on the options. Zitel included Mr. King's options in his share total (630,846 shares including options for 555,000 shares) - so this could have been an option exercise and sell. The TAX selling is still incorrect. Without Regards, Bill

To: Mark Stevenson who wrote (12998)	11/24/1997 8:11:00 PM
From: corey haber	Respond to of 18263

please dont post a reply from smk, he is the biggest hyper ou there. Only him, could find any excuse for the many downturns and lack of success of zitel. maybe he has his own agnenda.