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

To: Peach who wrote (13823)	1/26/1998 6:47:00 AM
From: CMason	Read Replies (1) \| Respond to of 18263

In other words, the contract gives them the right to bid on jobs, no doubt against nonentities like Andersen, IBM, and EDS. With roughly 700 days to go until the Y2K issue is supposed to bite, pardon me if I'm not impressed. As I recall, ATEC, a microcap which tried to trade on the Y2K hype, announced similar deal in September, just before they did a reverse split and saw their shares drop 40% or so. If this is why Jack & Co. are getting out of bed to run a conference call at an absurdly early hour this morning, ZITL is indeed desperate. Real contracts have real revenue (and maybe even real earnings) associated with them. BTW, has there been any tangible evidence that ZITL has been cutting costs, as Jack promised on the last conference call?