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

To: Mark the K who wrote (16962)	7/31/1998 3:29:00 PM
From: John Howell	Read Replies (2) \| Respond to of 18263

Chart looks terrible. The only reason ZITL hasn't fallen off the earth is the huge amount of short interest. I'm thinking that an option spread is a good play. The premiums aren't too expensive. If the do announce a few big contracts, the stock should pop hard. If not, we'll revisit the 3-4 level.

To: Mark the K who wrote (16962)	7/31/1998 8:40:00 PM
From: Michael	Respond to of 18263

<<The more they attacked, the more certain I was of a crater>> My Friend Mark, It is important to separate emotion from investing. The more you are attacked on an Internet message board, is not necessarily an indication of anything. It is like technical analysis it is a poor indicator of future performance. Constant and through research into FUNDENTALS of companies. Looking for real facts and not allowing hype to throw you off. This is the way to invest. Currently I have sold almost all my stock holdings. I am now 90% cash with big short still on Zit. The whole stock market has become a joke. People who know nothing are throwing money blindly into stocks. I am now happy to step off the runaway train, I can always start reinvesting, anytime. For now I will step back for a few months and wait things out (of course my Zit short will make a killing) Short to zero , never cover.