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

To: Daniel Chisholm who wrote (17475)	12/22/1998 11:53:00 AM
From: Bob Trocchi	Read Replies (2) \| Respond to of 18263

Daniel... >>TheStreet.Com did an article on Zitel today (subscription req'd):<< I signed up for a free 30 day trial and read the article. Certainly not a positive article. Essentially it says that most everything they have done has not worked out. Merger with MAT not a good idea however the article obviously was written before the latest press release. The only positive thing in the article was that Jack King is now pinning his hopes on using the validation tool. How many times have we heard Jack pin his hopes on something. Now with all that said, the article in "the street.com" surely did not cause the jump today. Is something else going on? Hmmm Bob T.

To: Daniel Chisholm who wrote (17475)	12/22/1998 11:59:00 AM
From: Marconi	Read Replies (2) \| Respond to of 18263

Hello Mr. Chisholm: Please capsualize what the article reported for the benefit of us non-subscribers. Must have been inspiring. ZITL 5 options trade today is very light. Prices indicate little prospect of a rise to 5 and further shorting territory. Hopefully this latest rise will go into stupor and the put premiums will decay, allowing at some time later to enter synthetic shorts via put options. Best regards (and a Merry Christmas!), m