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


To: HighGain who wrote (14909)4/20/1998 12:04:00 AM
From: Michael  Respond to of 18263
 
<<My guess is they sell their Matridigm stock to BRCP, which already owns a small part of Matridigm.

Afterwards, Zitel would have cash to invest in some new business. Zitel stock would fall considerably, but at lease they get to stay in business for a while.

Make sense?>>

Makes sense. I have already posted this scenario on YHOO board.
I figure Zitel might get about $10 mil. in stock and cash from BRCP.

Your Friend, Michael