SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (13272)12/9/1997 1:19:00 AM
From: Alan Lee  Read Replies (4) | Respond to of 18263
 
This was posted on the ZITL Yahoo chat thread today:

<< They [zitl] will be doing a demonstration of the MAP2000 tool at the DCI show in chicago on 12/9-12/11. take a look at www.dci.com/brochure/y2kchi/tech.htm. >>

This may be why ZITL and at least one other Y2K stock (DDIM) went up today. Since the volume wasn't unusual, it's not clear there was much short covering. (NIce theory, though, you may be right)

<< I remain short, and not wanting to cover until below $10. May have to see $12 first. >>

I definitely agree with this - except once it goes below 10 or so, I don't think it will stop until 5 or 6. The hype associated with this show could cause a bit more of a run up before the end of the week - maybe to more than 12. By the way, did you actually short ACCS, or only for Rudy's contest?