David asks:I don't get it! This stock would seem to have very strong fundamentals and a long history of consistant earnings."David, the thing to remember is that the optical measuring instrumentation that Zygo and IIVI provide are sold in large part to the semiconductor and disk drive industries. Zygo increases their revenue and earnings in tandem with production growth in those two industries. Obviously, the street is concerned about growth in drives and chips and Zygo is suffering as a result. While painful for existing shareholders right now, it presents an excellent opportunity once the cycle kicks in again. Zygo is one of those companies that will go along for the ride without having to worry too much about competitors whacking them around.Be patient. Things will turn eventually, and when they do...Bogey
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