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

To: Roger A. Babb who wrote (13498)	12/24/1997 1:30:00 PM
From: John Kratus	Read Replies (1) \| Respond to of 18263

Roger, the signal that Zitel was heading into single digits was when I covered my short position. Never fails! I guess I don't have the "short to zero0000" mentality, but thanks to you and others for teaching me about this very profitable short. My investments are ahead 75% this year, and Zitel (short) was my third-best performer. I noticed that the "wait until next week" crowd seems to have left the Yahoo board. Wonder why. John

To: Roger A. Babb who wrote (13498)	12/24/1997 5:10:00 PM
From: Michael	Read Replies (2) \| Respond to of 18263

I am concerned about not being able to short Zitel anymore. When this day comes it will be very upsetting. My portfolio is currently 65% short Zitel. Eight other stocks make up the remanding 35%. When Zitel drops to 8, I will have short more Z. To be truly successful short one must literally continue to short all the way down. Shorted 1,000 shares Friday at 11 ¬. The more you short the more you make . Regardless of the average short price. Zitel is a stock that you can short to zero. Dec. 31, 1999 is not to far away. Emerald and the Cayman Islanders will bail, long before then, like right now . Happy Hanukkah Your Friend., Michael