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

To: Kathy Riley who wrote (14609)3/15/1998 2:25:00 PM
From: Michael  Respond to of 18263
 
Zitel Longs are real good .
Zitel issues 1-2 millions shares for 2/3 of MatriDigm.
Zitel soars because 2/3 of MatriDigm is worth $500 Million.
Well, why would MatriDigm's other current shareholders sell out
for $15-$30 Million. If MatriDigm is worth Hundreds of Millions then
MatriDigm would buy back it's 1/3 from cash strapped Zitel.

But then common sense goes no where with Zitel Longs

Good Luck to all, Michael


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