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Technology Stocks : ZCON

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To: Barry P. Sullivan who wrote (24)8/23/1996 12:31:00 AM
From: virgil vancleave   of 52
 
just a little theory as to what is happenning to the stock price. present qtrs
eps were down and stock price fell to where market cap is too low for mutual
funds to remain invested. market cap is <100 million. this "panic" on
the lower earnings and the lower price make this stock a bargain and
according to ibd 7 funds have dumped the stock in the last few weeks.
psr is very low: <.5 and p/e is also very low. and this is without accounting for
the new aquisition, the new expansion onto the present plant due to
be completed in the next quarter, and the new plant in malaysia due to
be in production in the 4th quarter. fundamentals look good for the
electronics industry except that they are out of favor on wall street.
this is also a newer public issue; went public in late 1995. i believe zycon is
being overlooked and continue to be a shareholder and am considering
buying more on the weakness. also technically the cup is now forming
on the chart.

good luck investing
virg

you might also look at sigma circuits with a market cap of only 35 million.
both look good to me
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