Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: CalculatedRisk who wrote (16903)	7/28/1998 6:20:00 PM
From: taxikid	Respond to of 18263

the inside outsiders think there will be a merger, and they think that these overbloated (payroll wise) employees leaving helps the future balance sheet. not hyping, as i detest this company. a friend is long 15k shares. (he is not that good a friend or i would have throttled him for not listening to me.....)

To: CalculatedRisk who wrote (16903)	7/28/1998 8:51:00 PM
From: Rajiv	Read Replies (1) \| Respond to of 18263

IMO, a merger would be the ultimate death blow for ZIT. I do not expect a merger IMHO, a merger will definitely be done. The Matridigm insiders/employees need to cash out of their options/shares. Zitel needs Matridigm for the hype and Matridigm needs Zitel. One of the biggest mistakes of Zitel/Matridigm was not going for a secondary for Zitel and an IPO for Matridigm in the spring of 1997. They are now being forced to go for convertibles (we may see another one in 1998). A merger would mean the end to all secrecy about Matridigm's revenues/contracts. Regards. Rajiv