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

To: CalculatedRisk who wrote (13265)	12/8/1997 12:59:00 PM
From: Wayners	Respond to of 18263

Get your short dollars ready. ZITL at $11.625 RT.

To: CalculatedRisk who wrote (13265)	12/8/1997 12:59:00 PM
From: NYBellBoy	Respond to of 18263

Bill - The Auditors are in a delicate position. They must be able to rely on detailed financial projections that would support their viability in the future. IMHO, the biggest drawback is not cash but do they have a viable business and paying customers. If they don't have one big , or three smaller contracts for a defined amount of money, they have to highly consider the "Going Concern" clause. Do they have a viable business going forward is the primary concern? Call the Bellboy if you want to discuss further. :) BellBoy