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

To: Susan Saline who wrote (14923)	4/20/1998 10:26:00 PM
From: Greg M.	Respond to of 18263

Hi Susan, >>Your're going to have an awful lot of unhappy shorts if they beat their estimates.<< You probably have no idea how many chuckles that produced. :) I have the most optimistic estimate, and that was made by my giving Art Chait an ounce of credibility. ZITL has a much greater chance of losing $8M (incl. special charges, etc.) than of coming even close to my estimate. The longs don't argue this, they just say things will be better tomorrow, next week, next quarter, etc. In the meantime, the co. is going bankrupt. Stay tuned. --Monty