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

To: Pete Mason who wrote (17543)12/23/1998 6:58:00 PM
From: CatLady  Respond to of 18263
 
No problem getting shares at E*trade or MBT. (NM at Datek)

I had to leave while it was running, so I left some short orders in place. Just came back to see they all filled between 6 7/16 and 7.




To: Pete Mason who wrote (17543)12/23/1998 7:04:00 PM
From: Graeme Smith  Respond to of 18263
 
It's funny, but has anyone noticed these short squeeze pump and dumps always seem to occur exactly 1 month before earnings are due.

Also I liked the recommendation that gave them a 7.75 dollar book value and rumours of IBM and Microsoft. Brought back old memories. Do you think that when Matridigm-Keane-Microsoft merge, they will keep the Microsoft moniker or just drop it and stick to Matridigm. My only thought was it might cost a bit to relabel everything on the shelves to Matridigm Windows 98.

Graeme



To: Pete Mason who wrote (17543)12/23/1998 9:41:00 PM
From: Michael  Read Replies (1) | Respond to of 18263
 
Random thoughts on todays action:
Many brokers could not find shares to short.
The float has increased in the last year.
Increase of 29% in shares outstanding from the conversion of bonds to shares.
Shorts will replace any short that is covering.
Zit MM's are unloading into the pump and dump, again.
Zit MM's do not want to give any money to shorts.
MM's will make it difficult to find shares to short.

Sure is a nice day
michael


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