SI
SI
discoversearch

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: Rajiv who wrote (16913)7/28/1998 9:47:00 PM
From: Dave Mansfield  Read Replies (1) | Respond to of 18263
 
>>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.<<

It is statements such as the above that really get me thinking. If Matridigm has a viable solution and they have tons of business rolling in? What is it that they need Zitel for? The contracts and the dollars will roll in whether they are combined with Zit or not. Being independent as they are, they have total control over revenues. There would be plenty available to disburse to their insiders/employees. Once they are merged, a certain amount of control will be lost.

But then the comment, "The Matridigm insiders/employees need to cash out of their options/shares". Ah! Cash out! Or perhaps, Bail out! If the product is not viable or there are not billions of secret contracts out there, they might still be able to "cash out" from the temporary hype caused by the announcement and completion of an upcoming merger.

Again, if this thing works and they have tons of secret contracts, they don't need a merger, they don't need to cash out. If it doesn't work or if the contracts aren't there, this merger is a viable if not only way out.

Dave