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Technology Stocks : Zygo Corporation (ZIGO)

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To: John Wasikowski who wrote (614)7/25/1998 12:15:00 AM
From: DEMOLITION  Read Replies (1) of 722
 
John, Bought some last year at 21 and some more at 13 and I'm not selling either. It's not an execution problem it's essentially a demand problem. Stock incredibly cheap although I still don't think we've blown off the bottom yet. Will buy one more batch to get me down to 14 range. 2 years from now still think it's a 30 stock. Haven't even gotten a dead cat the last 2 days. It's as bad as it gets right now. Q4 was about 8-9M revenue miss. I do know they were trying to close 12-14M in business the last week of the quarter which didn't come through. I think that was the topper.
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