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Technology Stocks : Semi Equipment Analysis

SOXX 324.89

-1.1%

Jan 7 4:00 PM EST

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To: Sam who wrote (48674)	7/26/2010 5:41:50 PM
From: Donald Wennerstrom	Read Replies (1) of 95689

Sam, you were very prescience in recently buying some VECO. Congratulations! <<Just bought some VECO last week as an example of a semi stock that will be strong>> I know you have posted a couple of reports of their quarterly results to date, but allow me to post another one from Briefing.com <<Veeco Instruments beats by $0.18, beats on revs; guides Q3 EPS above consensus, revs above consensus 4:05 PM ET 7/26/10 \| Briefing.com Reports Q2 (Jun) earnings of $1.01 per share, $0.18 better than the Thomson Reuters consensus of $0.83; revenues rose 251.4% year/year to $253 mln vs the $232 mln consensus. Co issues upside guidance for Q3, sees EPS of $1.23-$1.43 vs. $1.05 Thomson Reuters consensus; sees Q3 revs of $290-$315 mln vs. $282.60 mln Thomson Reuters consensus. VECO says that based on its strong backlog and current order visibility, co is currently forecasting that 2010 revenues will be over $1 billion, with strong YoY growth from 2009 in revenue and profitability in all three business segments.>>

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