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

To: Judith Weintraub who wrote (13086)	11/26/1997 10:30:00 AM
From: Arthur Radley	Respond to of 18263

Was a small drop in number of shares shorted.

To: Judith Weintraub who wrote (13086)	11/26/1997 10:32:00 AM
From: Bob Trocchi	Read Replies (1) \| Respond to of 18263

Judith... >>Anyone have yesterday's paper - think the WSJ had shorts listed - what was ZITL's - any possibility of a good quick short squeeze!!!!<< actually it is in today's WSJ. Company 11/14/97 10/15/97 % Ch. Av. Daily vol. Zitel 5,322,642 5,694,410 -6.5% 598,012 Not much drop but a drop nonetheless. Looks like about 9 days to cover at past average daily volume. Considering the vol. increase yesterday and it looks like it is continuing today (300K+ by 10:00a.m. my guess is that there has been increased covering since 11/14. I believe this will drive prices up short term. Another opportunity to short. Another opportunity for Jack to sell at a higher price of 12 1/2 <G> Poor guy he will need to pay MORE TAXES. Oh well, just sell a few more options. Bob T. Bob T.