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

To: Russian Bear who wrote (17323)	10/23/1998 10:23:00 AM
From: A. K. Giddings	Respond to of 18263

<< Is there any chance, at all, to get to 5? I sure hope so! >> Wheres this guy when we need him?? Message 1506475 Go ZITL!!!!!!

To: Russian Bear who wrote (17323)	10/23/1998 10:36:00 AM
From: Captain Jack	Read Replies (1) \| Respond to of 18263

Russian --- I think so! And Nescom plus a few others think so. Well worth the gamble with beer money.... not rent money! Later buy MORE beer and get pizza and a chickie to go with it...

To: Russian Bear who wrote (17323)	10/23/1998 10:49:00 AM
From: Marconi	Read Replies (2) \| Respond to of 18263

Hello RB: ...chance...to get to 5? No, I don't believe so. A lot of history to retrace with the division between longs and shorts. The MD dilution should take the previous 3+ range to 2 based on dilution alone. The combination is worse than separate, for rate of shareholder equity decline. Volume needs to be 10 times what is has to be credible, and who would flush that much money into the issue so the shorts can retake positions? Options remain a way to take a position, but require 1/4 to /12 point or more moves to make it worthwhile, and the option liquidity is poor. If there are shares to available, exercise of put options is a way to take a short position when you cannot sell short directly. I have done some of that to defer gains rather than recognizing them at expiry. And only with very deep in the money options to conserve margin cushion for other positions. Best regards, m