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


To: Greg M. who wrote (14874)4/9/1998 11:48:00 AM
From: Greg M.  Read Replies (1) | Respond to of 18263
 
That is, <20 months to do the work, 17 months left to get contracts.

ZITL will be dead by June 1, without new financing. Any proposed merger must also be accompanied by financing. I think they'll come up with something, though--they have little choice. One year out, though, best case scenario for ZITL/MD: $3. (worst case: bankruptcy this qtr.)