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

To: Bill Wexler who wrote (14902)	4/18/1998 4:20:00 PM
From: Dale Baker	Read Replies (1) \| Respond to of 18263

Funny how BonniesGuy hasn't posted since November 10, 1997 and he never posted on any thread except ZITL. Could there be shills for ZITL on SI? Nawwwwwwwww.

To: Bill Wexler who wrote (14902)	4/19/1998 2:34:00 PM
From: John Kratus	Read Replies (2) \| Respond to of 18263

Bill, You know how much I enjoy these blasts from the past. The "Bonnie's Guy Challenge" last October was to hold Zitel until either the shorts or longs lost 50%, or to hold the position until March 31, 1998. Just two months after he issued the challenge, his long position would have lost 50%, and perhaps he bailed then. If he held on until March 31, as he said he would, he would have lost 35% from the time of his challenge. I am mindful of taxi's admonition, but I think that posters who challenge others publicly are fair game when they turn out to be wrong. For example, on Yahoo I publicly challenged three posters who had initiated or spread rumors about Zitel. The first, jelmendo, backed out when confronted, saying that his information about pending contracts was only "second hand." He has since left the board. The second, pigdog98, accepted my challenge and lost when his rumored announcement on CNBC failed to materialize. He has also left. My latest challenge to opticalguy is in regards to his smug assertion that a merger will be announced between Matridigm and Zitel prior to the next conference call. I expect to win this one also. But if I lose, my ass is fair game over there. Your link to Bonnie's Guy's post reminded me that last fall it was an absolute article of faith among ZITL longs that Zitel had locked up a huge contract with the National Institutes of Health. Even some of the shorts started believing the rumor and calculated the potential damage to their short positions. Today there is similar faith in a "secret" merger between Matridigm and Zitel. The Bonnie's Guy episode reminds us that, where Zitel is concerned, the appearance of smoke doesn't indicate a nearby fire. John Kratus