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

To: craig crawford who wrote (16891)7/28/1998 2:57:00 PM
From: Marconi  Read Replies (1) | Respond to of 18263
 
Hello Mr. Crawford:
Are you watching the remaining components of ZITL? The press releases were essentially silent on the saga of declining revenues and negative margins in those segments, albeit anything booked for y2k would be positive revenue, and probably at negative margins--I would think they would need dozens of contracts to breakeven as with most of the other subcritical mass y2k efforts. Any estimates of burn rate?
Best regards,
m



To: craig crawford who wrote (16891)7/28/1998 3:14:00 PM
From: Don Westermeyer  Read Replies (1) | Respond to of 18263
 
You are right of course about the one time charge.

I still found it hard to believe the losses though.

They had better get 'Chainsaw' Al in quickly.


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