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Technology Stocks : Zygo Corporation (ZIGO)

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To: Donald B. Fuller who wrote (677)5/29/1999 12:53:00 AM
From: Carl R.   of 722
 
Don, I'm really sorry to have led you here. I bailed at a small loss after the last horrible earnings results, fortunately, but I know you don't trade much. This chart is about as ugly as I've seen. No volume at all out there. VECO seems to have bottomed and volume jumped, but here there was no similar increase in volume, so I am still waiting to re-enter.

I've got to believe that if this company gets any cheaper some volume will appear. The ironic thing is that ADEX is in worse shape, and will take longer to recover in my opinion since its business depends largely on wafer manufacturers, which are in much worse shape than the drive makers, yet ADEX is stable while ZIGO can't find a bottom.

Good luck,

Carl
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