Veeco Instruments-Who? Message Board

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Technology Stocks : Veeco Instruments-Who?

VECO 32.69

+5.3%

3:38 PM EST

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To: Zeev Hed who wrote (1517)	9/27/1998 1:43:00 AM
From: space cadet	of 3069

Zeev, I am hoping too for an Oct minimelt, or else I have really misplanned for this quarter. With VECO it will all come down to whether or not they make their earnings numbers this quarter. According to yhoo it is 27c. I noticed that they always seem to beat the earnings numbers by at least a couple of cents so I guess the shareholders are feeling pretty confident about that. Of course, that also means that if they for any reason miss the 27c by more than say 3c the stock could collapse immediately IMO. I agree with your market scenario, which is also similar to what Jerry Favors has been calling for for a while. Once we bottom below 7400, if it really does happen, then I think we will make an amazing rise from there, though perhaps not the stocks which fail to show earnings growth and visibility. If we do correct thru 7400 I will get in bigtime and hope to double my money within a few days or possibly a few weeks. If we don't correct well then I'm stuck with my cash position and have to come up with a new plan. I guess we'll know either way by the end of October...

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