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Technology Stocks : ZCON
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To: STEVEN E. THIBEAULT who wrote (44)11/21/1996 8:06:00 PM
From: virgil vancleave   of 52
 
i can't find any new news, but can tell you the industry overall is recovering
and picking up momentum. just look at hadco which reported excellent earnings
today. i have watched do a number similar to zcon, ie it dropped to around
18 in june and july (50% drop) and today made a new high in the low
40's. also jabil circuits and a few others. zcon seems to be trying to grow
and has a bright future long term. my opinion of course. i have owned this
one from early this year and been way up only to watch it go down and
now recover. i still think it is still undervalued at 12.25 based on both p/e and
using price to sales ratios. if you were watching zcons sales have been
slowly increasing the whole time and now with the expansion and the new
plant and aquisition in june it will be interesting to see what sales and profit
will be.
good luck
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