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

To: White Shoes who wrote (13201)	12/5/1997 9:47:00 AM
From: Mark Stevenson	Read Replies (6) \| Respond to of 18263

The shorts don't even now why they've made money on this thing. It's like watching a bunch of chimpanzee's slapping themselves on the back and flashing that %#!& eating grin. From Yahoo: Subj: shorts are long on rumor and bald face lies By: jelmendo Date: Dec 3 1997 7:00 P.M PST Reply To: Msg. 12 by jzone1 I read, with great amusement, the ongoing string of B.S. per- petrated by the desperate shorts in Zitel. You can count the number of times you read an actual fact on one hand. For anyone who seriously follows developments in the Y2K arena, it is common knowledge that less than 5% of the corporate industry, and less than 2% of the government has begun to address Y2K on any level beyond assessment. As such, an extremely high premium will be paid for automated, high volume solution providers as the time grows ever shorter. The only fully automated solution in the de Jager2000 index is Zitel. The lack of contracts is due mainly to the fact that Zitel is hunting for bear, Federal Government bear. That's where the big money is, and that's where the guaranteed money is. Unlike private industry, the Feds dont have to worry about profit margin. They will spend whatever it costs to become compliant, and bill the taxpayer if necessary, and brother is it going to be expensive. As the Feds have just recently gotten their budget for 1998, the money will start to flow in the first quarter of 1998. NIH is already in Zitel/Matridigm's pocket to the tune of a 200,000,000 line conversion covering the 26 sub agencies under NIH. I have also been told from two unrelated sources that Zitel is already working on another Federal agency contract involving 900,000,000 lies of code. The work is highly classified and the Feds have put a gag on Ztl/MD as part of the contract. Any doubters can ask why all of Matridigm's people were in Tampa in Aug/Sept for drug and psychological testing as part of their approval for classified clearance. The LONG and short of this story is that anyone who bought Zitel for their core business is a fool. The money they will make via Matridigm and the Y2K problem in the next two years will be unprecedented. That's the only business that matters. By the way, does anyone really think this all ends in 2000? Are all the companies that aren't comliant going to simply disappear from the face of the earth? No, actually they'll still need to become com- pliant as their computers still won't read 2001, 2002, 2003... correctly no matter how many times you turn them off and on after December 31, 1999. I dont know about you, but if I had the chance to own the only technology available to handle 100million+ line conversion jobs, at a mere $11 a share, I'd jump in with both feet. But then again, maybe Bill Gates will solve this all one evening after dinner. The Feds aren't betting on it so why would you.