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Technology Stocks : Veeco Instruments-Who?
VECO 31.24-5.5%3:02 PM EST

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To: advinfo who wrote (1705)1/8/1999 11:25:00 AM
From: Donald B. Fuller   of 3069
 
Did you see the part about two teenie weenie sales? One of 'em was at ~$65.00/sh ~ 9/97. The other one was two weeks ago at $49.94/sh. To each their own. I think most short term traders routinely shoot themselves in the foot at least as often as they make the right call. I've played it both ways and have definitely made more decisions I regret when I was thinking "short term." Believe it or not, I do not particularly care if my stocks get sliced in half due to market factors as long as I believe in the company. In fact, my usual behavior is to load on more at those times. Its worked OK. VECO, AMAT and EMC have ratcheted to my big three holdings using this methodology - collectively about a quadruple in four years. If a company promises something and then doesn't deliver - those are the ones that provoke my ill will and get terminated with prejudice. VECO has never done that - in fact - quite the opposite. They have routinely outperformed their PR statements.

Don
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