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


To: Michael who wrote (17883)5/5/1999 12:07:00 PM
From: Mark L.  Read Replies (1) | Respond to of 18263
 
I wouldn't worry about Zitel becoming worthless in 1999. Even if they were to declare Chapter 11 tomorrow, it would take years to either get out of bankruptcy (extinguishing the common stock) or to clean out the short position.