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

To: Donald B. Fuller who wrote (647)	1/17/1999 10:11:00 PM
From: Carl R.	Read Replies (1) \| Respond to of 722

Welcome to the Zigo thread, a thread with surprisingly little activity for such a good company. Also ZIGO is actually big enough to justify an SI profile (their market cap is about the same as ADEX), but the fact that SI has skipped over them is yet another sign that they are under appreciated. Actually ZIGO was fairly highly valued 2 years ago. If you recall I sold all my VECO when I was upset that VECO had purchased WYKO at what I felt was too high of a valuation. VECO responding by pointing out that the price paid for ZIGO was comparable to the valuation that they market had for ZIGO, WYKOs main competitor. Compare the long term charts of some of the metrology companies and you will see that ZIGO has fallen by the wayside since then: techstocks.com They had a major reorganization awhile back, and now with the addition of the IBM products formerly sold by VECO, I believe that they are well positioned for the recovery. I think a double from here is very possible. They have a much lower P/S ratio than the other metrology companies, and I believe that they will recover to a similar rate. As for advising you to cash in VECO shares to buy ZIGO, I can't and won't do that. Carl

To: Donald B. Fuller who wrote (647)	1/18/1999 12:04:00 AM
From: Stitch	Read Replies (1) \| Respond to of 722

Donald, I may be the wrong guy to ask but you could say that I did trade in VECO to buy ZIGO. It is just that I waited a long time in-between <g>. I sold VECO at 34 (egads). I think ZIGO is good for a rise to 22 where there may be resistance. It has topped out there twice before. But I think the company has a much better story these days, including a new President. I realize I am sort of ducking your question but I cannot bring myself to advise you to part with VECO. It has been a brilliant play on your part and I have watched you stick through thick and thin with this stock. But no one, least of all me, would ever fault you for clearing some profits from what has been a stellar run. Congrats! Best, Stitch