Veeco Instruments-Who? Message Board

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Technology Stocks : Veeco Instruments-Who?

VECO 29.24

-3.7%

Dec 17 3:59 PM EST

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To: Jerome who wrote (2229)	7/5/1999 7:19:00 PM
From: Zeev Hed	Read Replies (1) of 3069

Jerome, I am in right now (both CYMI and VECO), but I think we may have just two weeks or so, if at all of additional strength. The sox has be fantastic, and I think that a lot of money is going to flow from the I-net to the semis, but there is a possibility that the strength in the telecommunication segment will be partially offset with the much more "visible" PC segment. The box makers look weak and so do the DD. Thus I am ready with my finger on the trigger. I have not decided yet if I'll be using writing calls strategies or an outright sale, if any. Once the semi go, they may go for a while. Note, however, that the BTB for the semi equip has peaked two month ago, and if it continues to decline from that peak, a retrenchment may follow. Zeev

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