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

To: Tech Master who wrote (17229)	10/6/1998 9:20:00 AM
From: port_mgr	Respond to of 18263

MAtridigm's order book has to be growing. Zitl cut a very good deal for its shareholders with this one. They were lucky esping died, as he was the guy putting jack king back in his jack-in-the-box. It is no wonder that the new company will not have jack running it. That is the best news here. And good luck to the shorts as time begins to impinge on the liability aspect of y2k. Panic will ensue and factories will succeed. Also, md has the map 2000, which checks to confirm that the changes are correct. This will be a bigger business -- in terms of lines of code processed -- than remediation, which will be nothing to sneeze at.

To: Tech Master who wrote (17229)	10/6/1998 9:24:00 AM
From: Daniel Chisholm	Read Replies (2) \| Respond to of 18263

TM, <<The value of MatriDigm today is less important to ZITL than the value of MatriDigm within the next few months. The issues you raise are reasonable but you fail to consider the value of the acquired company when Y2K reaches the panic stage. Do not discount this factor.>> Fair enough. It's just that I think there won't be much panic buying of MD's COBOL remediation services, and even if there was a large surge in opportunities for them, they would be unable to ramp up fast enough to earn the $50-$75 million in the remaining 15 months that they must earn, in order to break even on their Y2K investment. I've just started to read the 8-K, and the opening paragraph strikes me as fishy. The merger is a 3-way merger, with one of the parties being Zenith Acquisition Corp. (!). Whatinthehell are they doing here? - Daniel