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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (185)2/27/1998 6:12:00 PM
From: Bill Wexler  Respond to of 4634
 
I will milk no Yak before its time.

I agree...it's unbelievable.



To: CalculatedRisk who wrote (185)6/12/1998 1:24:00 PM
From: Bill Wexler  Respond to of 4634
 
The Zitel fraud touches the fabulous fives!

In late 1996, short sellers argued that Zitel was worth no more than 5 a share. Today Zitel was bid at 5 and change. However, in light of the company's performance since then, 5 a share seems awfully expensive for this comical pseudobusiness.

Zitel price target < 1.