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


To: Bill Wexler who wrote (14644)3/16/1998 10:54:00 PM
From: Michael  Respond to of 18263
 
My Friend Bill:
I would also want someone to investigate Zitel's purchase
of Datametrics. Zitel receives $25 mil in off shore money.
Then Zitel promptly buys an off shore company for $12 mill.
Datametrics is a $12 mil anchor drowning zitel to bankruptcy.

Follow the money, Bill.

Your Friend, Michael



To: Bill Wexler who wrote (14644)3/17/1998 9:53:00 AM
From: satchmo  Read Replies (5) | Respond to of 18263
 
speaking of fly by night operators open your eyes and reread my postings. i am not touting this stock as i own none of it and don't tout anything anyway. i merely am questioning the wisdom of shorting this particular issue at this particular time. if you could convince me that the timing, and risk/reward were propitious, i would put out as much as i could borrow. but for now i remain skeptical that i would not be setting myself up to get my balls popped. have you actually talked to people who had code run at matridigm? i have and whether or not they chose to do business, none complained about the quaIity of the returned product sample. and i hear the timing is now at promised levels -- i.e., they receive 500,000 lines in the morning and ship it back in the afternoon! what am i missing? why are you so cocky? why are you willing to risk half of your profits to make another third?