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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (996)4/9/1998 12:06:00 PM
From: Greg M.  Read Replies (1) | Respond to of 2506
 
Dale, John, All,

I've been reading a number of posts here and hadn't seen ZITL mentioned. It used to be a "high-flyer", but is 80% off its high, and will run out of cash in a month or so without new financing. It seems to be supported by rumors of merging with MatriDigm--another bankrupt company. Has anyone researched it here? With or without the merger, it looks like it needs well over 1000 contracts before 2000. ZITL contracts to date: zero!

Thanks for your responses, Greg