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

To: Michael who wrote (17254)	10/6/1998 10:53:00 PM
From: dumbmoney	Read Replies (1) \| Respond to of 18263

My take on merger is that MatriDigm insiders want to cash out. An ipo was not possible, and therefore the long awaited merger was the only option available. I'm sure they do. But I suspect the main motivation was simply to keep Matradigm alive. Zitel at least has some cash (not much, but better than none!) This is good news for shorts. With the air of mystery surrounding Matradigm gone, the stock can seek its fair value. Sunlight is a great disinfectant.

To: Michael who wrote (17254)	10/8/1998 10:26:00 PM
From: Timoteo	Respond to of 18263

Michael, I agree with your analysis. In this market an IPO would be a disaster and would also require greater financial disclosure. With the published financials getting an underwriter would be virtually impossible. Y2K stocks of companies that are making money are getting creamed, why invest in a double loser. (I know, secret contract just around the corner and than the portable Euro conversion factory.) Matridigm Corp is like an option with a known expiration date. Before ZITL drops under a dollar (likely in this market after earnings are released) Matri insiders need to cash out. If ZITL would only go up a few bucks so I could add to my paltry short. Best, Timoteo