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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject6/14/2001 1:09:43 PM
From: besttrader  Read Replies (1) of 37746
 
12:44 ET TIBCO Software (TIBX) 14.19 -0.54 (3.7%): Hearing from sources at Bear Stearns that company's presentation went over well. One of the points company made was that their pipeline has doubled over the course of the quarter.




12:10 ET Veeco Instrmnts (VECO) 40.69 -1.22 (-2.9%): CSFB believes the company can achieve firm's Q2 (Jun) revenue and EPS estimates of $116.5 mln and $0.41 per share despite warning issued by company that orders would be in the $80-90 mln range versus prior guidance of $100-110 mln; street consensus of $0.44 could be difficult however; anticipates continued sluggishness in new orders and backlog; stock is still driven by the optical business, which could be sluggish possibly through the end of the year.
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