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


To: Bob Trocchi who wrote (17650)1/13/1999 9:32:00 AM
From: Stanley L Brown  Respond to of 18263
 
Hummm, sounds like the rats are fleeing the sinking ship!

Happy Trading

Stan



To: Bob Trocchi who wrote (17650)1/13/1999 9:51:00 AM
From: Marconi  Read Replies (1) | Respond to of 18263
 
Hello Mr. Trocchi:
The press release struck me as exodus of execs and notably lacked the hyping qualities of the last two years press releases. I take this to be more the meaning of Jack King's 'the best opportunities are before us...' hype.
I also wonder if this release was the reason for the end of day rise yesterday. Zitel has seemed quite leaky in the past. I expect it to revert ot downtrend. People that can do simple arithmetic can figure out bankruptcy looms this quarter. Delisting could come before a bankruptcy. I have doubts about the liquidity of some of Zitel's assets--particularly their liquidity at the most recent book valuation. Time will tell. And it won't take until A.D.2000.
Best regards,
m