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

To: Robert Lawkins who wrote (13664)	1/7/1998 3:10:00 PM
From: Bill Wexler	Respond to of 18263

Unbelieveably, this stock still has a market cap in excess of 160 million!!! This stock still trades far above its long-term historical average. remeber when you back out the bogus stock split, the stock would be 20 a share. It'll probably do a slow decay back to 1.

To: Robert Lawkins who wrote (13664)	1/7/1998 3:40:00 PM
From: Don Kelly	Read Replies (1) \| Respond to of 18263

>>>Seriously, is there STILL anyone out there who still honestly believes in this boondoggle?<<< Okay, I admit it. I reversed positions and went long ZITL a few days ago. I thought I was crazy, even at the time, but I like the way it held support today at 10. I did it, in part, as a contrarian play based on the arrogance of the shorts in failing to take their huge gains after the first of the year. I set a stop limit of 9 15/16. I'm surprised the MMs didn't take me out this morning when they had the chance. Just call me P.T. Kelly