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


To: Jacques Chitte who wrote (17658)1/19/1999 8:54:00 AM
From: Timoteo  Read Replies (3) | Respond to of 18263
 
Surprise! Loss report is out. Still no Y2K revenues! Loss is smaller but shares outstanding ballooned! News must have leaked out Friday, explaining the drop in price.

Best,

Timoteo



To: Jacques Chitte who wrote (17658)1/22/1999 12:11:00 PM
From: White Shoes  Respond to of 18263
 
Agreed. If a high enough proportion of shorts are going to short to zero then the occasional squeeze will not stop the erosion. Scammers may be out of it but the hopeful will start selling to each other and slowly it drains away down to $1.