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

To: Michael who wrote (13220)	12/6/1997 1:07:00 AM
From: Mark L.	Read Replies (3) \| Respond to of 18263

"Zitel will run out of money and go bankrupt in 1998." Boy, you guys are counting your chickens before they hatch. What makes you think they couldn't do another Reg S deal? I probably have as big a short position as anyone on this board, but the unbridled optimism expressed by some of my fellow travelers sure makes me nervous. I also feel that the ridicule heaped on people who are long does not make for a good and informative debate. I am astounded that the longs even have the courage to post. Just because someone is optimistic about the company's prospects does not automatically make them a paid shill. Since we would all benefit from a lively exchange of information, I hope that people will be more deferential to others with a different point of view. This is especially true since most people who are long are suffering. We're making good money; why do we have to rub it in? In my opinion it is by no means a certainty that this stock is heading directly to single digits. It's shown resiliency before; it may again. I also think it's possible that Zitel may actually get some Y2K contracts (though I would be astounded if they were significant). And, I don't see any reason why the performance measurement and Datametrics divisions couldn't be turned around.