Veeco Instruments-Who? Message Board

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Technology Stocks : Veeco Instruments-Who?

VECO 29.23

0.0%

Nov 28 9:30 AM EST

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To: Donald B. Fuller who wrote (249)	3/17/1997 10:38:00 AM
From: Mitchell	of 3069

I think they paid too much. I sold my shares this morning a few minutes after opening, at the market--I got 28 3/4. Since I was in at 14 I'm O.K. I bet this one heads down for awhile- if the purchase goes through. I like this company very much, but just can't see the logic behind the price they paid for the sales that will be generated in the short run. Sorry to bail out here, I'm no day trader for sure, but this kind of news cannot be ignored. It seems, sometimes management is so determined to show increasing revenues, that they will pay almost anything to accomplish that goal. I will be watching this thread and I'll be around. See YA! Mitch

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