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


To: Bill Wexler who wrote (14617)3/16/1998 4:57:00 AM
From: J.S.  Read Replies (1) | Respond to of 18263
 
Two things:

1. It would be nice to get a quote history along with a log of trades
for last week. This will give insight into why the stock has moved
as it has. Does anyone have access to Bridge or Bloomberg? Long or
short Zitel, such information would be a valuable contribution.

Wade Cook: Claims you can double your money with his strategies in a
few months. He should be a zillionaire by now. Do you think he gets
paid by the companies that are on his list of stock picks?

Joe



To: Bill Wexler who wrote (14617)3/16/1998 4:44:00 PM
From: Bill Wexler  Read Replies (2) | Respond to of 18263
 
What is behind the Zitel fraud - second in a series.

Zitel is a dying company with its glory days (if there really ever were any) far behind it. In 1995 Zitel hired several stock promoters, most notably David Stewart, Emerald Research, and Morgen Walke. All were paid with (at the time) very cheap shares. All three have conducted a misinformation campaign designed specifically to artificially raise the price of this worthless stock. All three have sold massive amounts of stock, particularly in late 1996, when a false rumor was generated (with the full knowledge of Zitel management) that George Soros was taking a stake. A previous poster on SI, Al Rubin (mondoman@ix.netcom.com) who has conducted extensive investigation into the company, has good reason to believe that Kenneth Titow (the former president of Matridigm) left the company out of concern that Matridigm's primary investor, Zitel, was acting unethically.