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

To: Alan Lee who wrote (13273)	12/9/1997 8:28:00 AM
From: Zebra 365	Read Replies (2) \| Respond to of 18263

Jack King News Centura Announces Management Changes That Support Company's Strategic Repositioning REDWOOD SHORES, Calif.--(BUSINESS WIRE)--Dec. 9, 1997-- Company Will Focus on Providing Embedded Databases and Application Development Tools for Open Development Platforms Centura Software Corporation (NASDAQ:CNTR)(formerly Gupta Technologies) announced today changes to its senior management team and board of directors. These appointments coincide with the company's repositioning and new focus on delivering embedded databases and application development tools to its expanding customer base. Centura has appointed Scott Broomfield as chief executive officer and member of the board of directors; John Bowman as chief financial officer; and Kathy Lane as vice president of marketing, effective immediately. Along with the management changes, the company announced two additions to its Board of Directors. Joining the Centura Board are Jack King, chief executive officer of Zitel Corporation and Phillip Koen, Jr., chief financial officer of PointCast. The new team replaces Richard Gelhaus, Centura's former CFO and William Grabe and Max Hopper, who were previously on the Centura Board. Former CEO, Sam Inman, will remain on the board of directors and Earl Stahl, Centura's CTO, will now function as a strategic advisor and consultant. He retains his position as a member of the board of directors. The company has hired an executive search firm to recruit a new CTO/VP of Engineering. "In the short time we've been involved at Centura, we've observed Centura products are technologically competitive, not only in the existing client/server world but in the emerging market for Web applications and in mobile computing," said Scott Broomfield, Centura's new chief executive officer. "We intend to implement sales and marketing programs that make our products visible to our target markets, Independent Software Developers and corporate application developers. These developers are seeking solutions we can provide, including the robust performance of an embedded database operating in a small memory footprint that does not require a data base administrator." "Centura has an installed base of over 1 million end users who are now using applications with embedded Centura products," said Kathy Lane, vice president, marketing. "A review of customers using Centura to develop and deliver software applications attest to the viability and competitiveness of our products. These customers include: UPS, who has embedded SQLBase in the UPS tracking software; ADP, which uses SQLWindows and SQLBase in their desktop payroll product; and DeutscheBank which offers remote banking services using Centura products." About Centura Software Since its inception in 1984, Centura has enjoyed a rich history of innovation, creating the first client/server DBMS for PCs. Its current product lineup include an embedded database, SQLBase, and application development tools, SQL Windows, Centura Team Developer, and Quest/Web. Today, Centura has 26 offices around the world, supports hundreds thousands of developers who embed their tools in applications used by more than 1 million end users. Today, Centura is moving its client/server products to the new world of the Intranet and the Internet. Centura products are all Year 2000 compliant.

To: Alan Lee who wrote (13273)	12/9/1997 8:32:00 AM
From: Zebra 365	Read Replies (1) \| Respond to of 18263

Portable Factory News Zitel Previews 'Portable Factory' at DCI's Year 2000 Show Zitel to Conduct Live Technology Demos of Portable Y2K Factory Company Intends to Select Pilot Customers from DCI Show Attendee Base CHICAGO, Dec. 9 /PRNewswire/ -- Zitel Corporation (Nasdaq: ZITL), an Information Technology company that specializes in Year 2000 services, software and data management, today announced that it will be conducting technology demonstrations of the Company's exclusive MAP2000(SM) "portable factory" during DCI's Year 2000 Conference and Exposition. Zitel has initiated a pilot program for the portable factory and plans to select pilot candidates from some of the organizations attending the DCI show. According to Arthur L. Chait, Vice President and General Manager of the Zitel Solution Services Division, "Our purpose in doing the technology demonstrations here at DCI is two fold. First, we want to show a large group of potential customers that Zitel will be able to 'take the factory to them' where appropriate. Second, we want to identify a few key customer sites that meet the profile for our pilot program." The MAP2000(SM) "portable factory" from Zitel offers added value in meeting the specialized security needs of both government and commercial customers. The portable factory offers the full power of MatriDigm's MAP2000(SM) tool set, including high accuracy in date identification, high speed code remediation and full MicroTesting(SM) of converted code. The high level of accuracy and MicroTesting(SM) features offer the potential for significant savings of time and cost in the customer's system testing. The portable factory is intended for those situations where code cannot leave the customer's site or where government regulations require operating in a security-designated environment. Zitel Corporation is an Information Technology company that specializes in advanced memory algorithms, systems optimization and modeling and search technology. The Company employs these core competencies in three related lines of business: Year 2000 services and consulting including project management, planning, analysis, code conversion, and testing using the MatriDigm technology and other tool sets; measurement and modeling software to optimize performance in client server environments; and enterprise-wide storage systems for mission-critical applications that include relational database, batch and on-line transactions. The Company is headquartered at 47211 Bayside Parkway, Fremont, CA 94538. Telephone: 510-440-9600 or 800-622-5020. FAX: 510-440-9696. zitel.com. For Information on Year 2000 services, call 888-FIND-FIX. NOTE: This press release contains forward-looking statements which are subject to risks and uncertainties, including those described in the Company's reports filed from time to time with the Securities and Exchange Commission. All trademarks/service marks referenced above are the property of their respective owners.

To: Alan Lee who wrote (13273)	12/9/1997 10:28:00 AM
From: Wayners	Respond to of 18263

I only shorted ACCS for the contest. In reality I don't know how hard it is to borrow ACCS shares. As a short I think ACCS looks good because its already on a downtrend and price just peaked and volume has really decreased. 5 day stochastics overbought as well. Volume was also nearly non-existant yesterday, so in reality I don't know how hard it would be get a sell order filled. I'll have to bail out of the ZITL short if and only if the downtrend reverses direction. Right now I don't think it will. Thanks for pointing out the show. I don't think many people on S.I. know anything about it (the show).

To: Alan Lee who wrote (13273)	12/9/1997 10:50:00 AM
From: Wayners	Read Replies (1) \| Respond to of 18263

More from a T/A side to ZITL. Upper bollinger band resistance at $12.50. ZITL is in a consolidation mode so the $12.50 should hold. $12.50 is a nominal figure, that should dramatically slow the upward price movement. There is also resistance from the 12 Nov 97 bottom. The 5 day stochastics is getting close again to overbought. My 12 DMA is going flat, so that upper band provides additional resistance. If I was going to short more shares, I'd do it on the first indication of a break to the downside or a large decrease in volume from the buying pressure. For those that like to try to anticipate price reversals, I'd short anwhere over $12.50. I think we'll see a reversal start by tomorrow, maybe even today.