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

To: HighGain who wrote (14688)3/18/1998 11:31:00 AM
From: Charles P. Hubbard  Read Replies (2) | Respond to of 18263
 
Zitel has another announcement today. The VP of international sales is now the VP of worldwide sales. In the announcement, they say:
" Zitel is a leading developer of memory algorithms, performance management solutions, and modeling and search technologies."
What happened to their CASD and Y2K business? Is this the same company? Maybe they are trying to change their image.
CPH



To: HighGain who wrote (14688)3/19/1998 12:47:00 AM
From: J.S.  Respond to of 18263
 
I think that you are underestimating the costs of downsizing. These
may be "one time" but are still losses. Legal and transitional costs
will be significant considering the scope of the cost cutting. Outsourcing
costs will also continue. If they can cut costs as you project while
not significantly affecting revenue than perhaps there is hidden
talent to be found in Zitel management, although I have some qualms about
the ethics involved.

Joe


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