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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Narotham Reddy who wrote (10683)	4/3/1998 3:33:00 PM
From: Greg M.	Respond to of 13949

(as I posted on the VIAS thread) To: Tech Master From: Greg M. Friday, Apr 3 1998 3:29PM EST Tech Master, I think it could indeed fall more, I don't see any technical resistance around 17. However, I picked up a small position at 17 1/4 and will increase it as the price/volume stabilizes. I am hedging my long y2k positions with a large ZITL short; and of course, strongly suggest that others do the same. ZITL will be bankrupt next quarter without highly dilutive financing--which they've unsuccessfully have been working on the past few months, they also could not renew their line of credit. If VIAS tanked--with a comparatively fantastic cash balance, and a comparatively fantastic list of clientelle (zitel has no business yet, and matridigm only has a pittance)--ZITL will be the next to take a huge hit. Even the most optimistic sales/revenue projections, if met, would plummet this stock!--it's only the lack of revenues that keeps ZITL afloat! Good luck to VIAS longs, Greg