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


To: CalculatedRisk who wrote (13935)2/2/1998 11:27:00 AM
From: Deep Digm  Respond to of 18263
 
CR,

""To: "Deep-Digm" (13776 )
From: jas singh MD Tuesday, Jan 20 1998 6:10PM EST
Reply # of 13936

FWIW, I've been told by Zitel that the 1.3 million lines of code that were given by the Army for code conversion (by Matridigm) went "very smoothly" and is back with that department.

Sincerely,

Jas""

Bill I've seen no announcement from anyone regarding this. If I remember correctly Jas called Shelley Woods at MD for the above info.

Anything I've heard is unconfirmed from sources I couldn't name and would therefore be of no value here. If AMC's code came back with the spec's MD's got posted at their website, they ought to be real happy and MD should get all of the balance, whatever that is.

Do you see the 1.3M/loc "number" as a way to "back into" what the AMC's total amount of code is? I mean in trying to decide how much to give MD/NOC for a test, would the AMC have picked a percentage of their total code, possibly 10%, or would they instead pick a "program" whose total LOC happened to total 1.3M? Any thoughts?

Have a good one,
Deep Digm




To: CalculatedRisk who wrote (13935)2/3/1998 12:22:00 AM
From: CalculatedRisk  Read Replies (1) | Respond to of 18263
 
RE: "floorless" convertible debentures.

For most (if not all) companies using this type of financing, the conversion of the debentures drives the stock price down. For Zitel, the holders have NOT started converting in earnest yet.

Zitel made a "deal with the devil" ... and they still haven't paid the price.
Regards, Bill