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


To: port_mgr who wrote (17245)10/6/1998 3:37:00 PM
From: Marconi  Read Replies (1) | Respond to of 18263
 
Hello Port Mngr:

Once word spreads faster, business will take off
Business has had more than 9 months to 'take off'. The track record is multiples of losses to revenues for both entities. Literally, the 'business' is taking off--that is, taking off the remaining equity from shareholders.

I listened carefully to the conference call today. The story and issues are the same as they have been this year. I will remain short this now further diluted stock, with the one likely benefit that it now may be rolled over into first quarter of 1999 by the delay of the combination before sufficient reporting is required to fully expose the combination's performance. They should be out of cash by then, too.
Best regards,
m