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Technology Stocks : Zygo Corporation (ZIGO) -- Ignore unavailable to you. Want to Upgrade?

To: John Wasikowski who wrote (614)	7/23/1998 7:39:00 PM
From: Todd D. Wiener	Read Replies (1) \| Respond to of 722

John- I can comfortably assure you that the market for Zygo's products isn't getting any better in the next 30 days. If you sell, you can take a nice tax deduction. You can buy it again in 30 days. The asset value is above $7, I think. If Zygo begins to lose money, which is possible, the stock could fall to book value, or $6.50. This value will decline after the write-offs, most likely, as it will if they post losses in subsequent quarters. I think next FY will be worse than the current one, because the market for their products is likely to stay weak for at least 2-3 more quarters. The stock could go a few points lower. I'm still waiting for an entry point, which may not arise for several months. The final capitulation in the equip stocks will probably happen in a few months. I think that there will be plenty of time to buy these stocks for a song, and there's enough time to sell, record a loss, and wait to get back in. Good luck. Todd

To: John Wasikowski who wrote (614)	7/25/1998 12:15:00 AM
From: DEMOLITION	Read Replies (1) \| Respond to 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.