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

To: Marshall who wrote (13256)	12/8/1997 5:56:00 AM
From: White Shoes	Read Replies (2) \| Respond to of 18263

"Is ZITL really a valid player in this field? Do they stand a chance of winning a few contracts or will they all go to the big players? Who are the big players in this field?" Marshall, in response to your questions: 1. No. ZITL is a stock promotion with a dying storage division and recent money-losing acquisitions. They claimed to have a silver bullet for Y2K--an 'automated solution' and a 'mobile code conversion factory' but the reality is they have NO Y2K contracts, NO Y2K revenues, and NO Y2K earnings. 2. This company is so poorly managed that they won't even get smaller contracts. Many smaller companies are receiving contracts. ACLY (Accelr8) is a good example...small but with a lot of business. Also a heavily promoted stock but that's the way it goes in this sector. 3. Bigger players range from traditional companies like IBM and consulting firms to Y2K focussed companies like Viasoft (VIAS). I suspect a lot of the larger Y2K businesses like Viasoft are camouflaging a lot of things through their accounting practices...making their businesses seem like they are growing faster than they really are. After all, no one will buy the stock in the year 2000, so you have to make things look good now.