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: Michael who wrote (17684)1/26/1999 8:06:00 AM
From: sfh  Read Replies (1) | Respond to of 18263
 
does this article say that zitl has this type of financing?



To: Michael who wrote (17684)2/4/1999 9:09:00 AM
From: sheldon spivak  Read Replies (1) | Respond to of 18263
 
Michael,
Zitel did another $5 Million private placement 0f 3% convertible subordinated debentures to institutional investors. The debentures are subject to a conversion price fixed pursuant to a formula which includes a 10% discount.

sure is a nice day