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

To: DragonBoy who wrote (16550)	7/14/1998 4:57:00 PM
From: CatLady	Respond to of 18263

"Man you should wait for a while to watch the short feed on each others, it's fun. If the panic start this baby will rock harder." Who's going to panic? My first Z short was started last October at over $20. My current position is from 8 3/8, and having covered half of it under $5, I'm ready to short more if it goes above 8 again. Are you brave enough to hold through earnings next week?

To: DragonBoy who wrote (16550)	7/14/1998 5:04:00 PM
From: Russian Bear	Read Replies (2) \| Respond to of 18263

This is unbelievable! The more things change the more they stay the same... Who needs earnings? Who cares about market cap.? Why, this stock could be the next ________ (insert the symbol of your favorite obscenely bloated, over-hyped momentum stock here.) Et cetera, et cetera, ad nauseum... My sincere congratulations to those that traded in long at or near the bottom. In my estimation, you made a foolish bet, but one that has proven to be fortuitous. Just a word of caution: Be very careful not to be the last one to get out. A great many people will lose lots and lots of money on the Zit when it finally crashes and burns. (That is by no means a wish on my part, merely a statement of belief.) I am reminded of one of the most commonly quoted bits of trading wisdom: "Never let a profit become a loss." I do not generally agree with that sentiment, but it sounds like very good advice indeed, in this case. RB