Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: SOROS who wrote (14784)	3/29/1998 12:31:00 PM
From: White Shoes	Respond to of 18263

RISK FACTORS from ZITL's 10-K filing (second in a series) "The Company sustained a substantial operating loss and net loss in fiscal 1997. The Company must generate substantial additional net sales and gross margins on its products and services and must successfully implement a program to manage cost and expense levels in order to remain a viable operating entity. There is no assurance that the Company can achieve these objectives. During fiscal 1997, the Company substantially reorganized and expanded its direct sales force for data storage products. Commencing in the fourth quarter, this sales force has been training to also sell the Company's software products. Net sales have not as yet risen to levels necessary to support the expenses incurred in this effort and there can be no assurance that satisfactory levels of net sales will be achieved in the future."

To: SOROS who wrote (14784)	3/29/1998 1:06:00 PM
From: CharlieBoy	Read Replies (1) \| Respond to of 18263

SOROS MY THOUGHTS: If CPWR really believe that much in ALYD why don't they buy them?? Just an idea..... CharlieBoy

To: SOROS who wrote (14784)	3/30/1998 10:04:00 AM
From: Greg M.	Read Replies (1) \| Respond to of 18263

Soros, how long before ZITL announces anything similar to PTUS? --I'm not gloating, the PTUS board is a class act compared certain other Y2Ks. It's not too late to recoup losses and much more by shorting ZITL and waiting for a similar fate, and probably even worse. Regards, Greg

To: SOROS who wrote (14784)	3/31/1998 6:15:00 PM
From: 8bits	Read Replies (1) \| Respond to of 18263

Important extraterrestrial investment info from Yahoo's Mr Heartless: I have heard from a reliable source that the contracts do exist with the governments of Mars and Venus. There is a problem with legal nexus however. Zitel has not started work for concern that contracts with Earth companies may not be enforceable on other planets. They want to ensure payment before starting. There is also so concern that the currency of Mars is not fully convertible with any Earth currency other than that of Malaysia, and the currency in Venus is best described as something very close to an earth chicken. So Zitel wants to be paid in gold, which is even more scarce on Mars and unknown on Venus. In compromise, Mars has offered to pay in baseball cards and Venus has offered more home movies of Pam and Tommy Lee. But the good news is that it is now only 1996 on Mars and 1995 on Venus. There are several years to get the nexus problems solved and the remediation finished. However, I hear that the Zitel camp is very concerned about rumors of Keane contracting with NASA for old space hardware and buying chicken farms in Arkansas.