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

To: Michael who wrote (17469)	12/21/1998 12:13:00 PM
From: Marconi	Respond to of 18263

Thanks Michael. Sage advice to read the 10K. Best regards, m[eom]

To: Michael who wrote (17469)	12/21/1998 3:03:00 PM
From: Michael	Read Replies (2) \| Respond to of 18263

Reality Check: Today's Lose report and merger fiasco are better than any short could have hoped for. Cash Burn continues unabated. Next report comes about Jan. 25 1999, for this Quarter Cash burn report. Zitel looks to be desperate for cash, with todays numbers. In 30 days Zitel could be forced to reveal Cash balances of $1-2 mil. If this does happen , it will be a death sentence. Zit can trade under $1.00 in 30 days, unless Jack King can lead the worst team on a 99-yard TD drive in 30 seconds