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>>however, earnings don't look good.
>>What do you think?

Well, I'm bummed, needless to say. Luckily I only put a small position on this company, but it still hurts to be down 50%.

I'm assuming the problem is mainly Asia-related, and hoping the next upturn in the disk drive / chip industries will push the stock price back up again. Unfortunately, I think it may be just as likely that it will stay in the doldrums for quite a while. Might as well toss a coin at this point.

On the positive side, Zygo seems to be looking for new markets for their devices in industries other than drives and chips. Inroads there would really help in the medium to long term.

Given what still seem like solid fundamentals, I guess I'll hold on until further notice. I just hope they're not cooking the books. I'm not experienced enough to be able to tell.

This may eventually turn out to be a mistake I'll have to admit I made ... and move on to something better. But I'm long for now.

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