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


To: White Shoes who wrote (13784)1/22/1998 1:35:00 AM
From: Michael  Read Replies (1) | Respond to of 18263
 
My Friend White Shoes:
With pending release of past quarters results on Monday.
Zitel will trade up or down depending on the loss report.
A small loss(less than $2 mil) could cause some shorts to cover.
A large loss(more than $6 mil) could cause longs to sell.
If Zitel shows less than $7 mil. in cash assets,
Then Bankruptcy filing will be coming within a few months.

SHORT TO ZER$0.00$
Your Friend, Michael