SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?

To: Bob Trocchi who wrote (17478)12/22/1998 12:09:00 PM
From: Marconi  Read Replies (2) | Respond to of 18263
 
Hello Mr. Trocchi:
If the Street.com article was not hype, then the volume in ZITL would suggest that further announcements by Zitel will be coming out this week. I would guess maybe some mystique from the recent trip to Australia and how things down under will be indicated as just rosy for the firm....further empty promises of becoming a going concern. Another thought would be company hyping with another round of dilutive offshore financing on poorer terms than in the past. I believe cash and liquid assets are an immediate problem for the firm. Press releases have often been preceded by rises in volume and price without reason several days before the release with Zitel. We should know before the end of the week if that will be the case.
Best regards (and Merry Christmas!),
m



To: Bob Trocchi who wrote (17478)12/22/1998 12:14:00 PM
From: Timoteo  Respond to of 18263
 
Ditto-The Street Article: about as positive as the earnings release.

Am content to ride it and hope it breaks 5 so it is shortable. Bought March 5 puts because I doubt it will happen- by then another quarter should put them under.

Best,
Timoteo


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News