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Technology Stocks : Zygo Corporation (ZIGO)

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To: leonard goldberg who wrote (613)7/23/1998 6:02:00 PM
From: John Wasikowski  Read Replies (2) of 722
 
With an average cost basis around 25, and having seen the price as high as 40, I'm sticking it out. On the other hand, I am not adding any more $. I have been loyal to the company, now it is their turn to get that stock price up and fast.

I got to expect this low,low, low price will draw some interest from others in the industry. They would be fools not to at least put a feeler out to Zygo.

The disappointing thing about this fiscal year was we were looking at maybe $1.80ish a share, before all the downgrades over the course of the year. Now were going to get .60ish.

The biggest thing is that we made some earnings. This stock isn't totally worthless at all. It is trading in the area of many stocks with absolutely no earnings.

I am now a longer term holder and my wife is not too pleased with me. She wants me to cut our losses, but I won't now; there is blood in the streets.

John
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