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


To: Stanley L Brown who wrote (13052)11/25/1997 4:20:00 PM
From: Roger A. Babb  Read Replies (2) | Respond to of 18263
 
Stanley, I lightened up my Zitel short position thinking that surely they would have some contracts to announce by year end, hype up the price, and do another Reg S. But now that I know Jack King sold shares at 12+, I doubt there are any contracts to announce, else Jack would have held on to his shares. The prediction of $5 I made at the top of my short thread in January is starting to look like a winner.



To: Stanley L Brown who wrote (13052)11/26/1997 3:00:00 AM
From: Rubber Man  Respond to of 18263
 
It's not the price that's been steadly declining..

Look at Zitel's profile.. margin has been declining to the point where.. correct me if I'm wrong, but isn't a -112.6% margin where someone pays you for the service, even though they're the ones that did all the work (if you can call what zitel does work.)?