Veeco Instruments-Who? Message Board

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Technology Stocks : Veeco Instruments-Who?

VECO 29.26

+0.8%

3:13 PM EST

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To: Z Analyzer who wrote (2336)	7/30/1999 8:22:00 AM
From: Zeev Hed	Read Replies (1) of 3069

Analyzer, I think that the lack of "growth" should be taken in conjunction with a major retrenchment in the industry over the last two years. The industry went from a peak "shipping rate" of close to $35 billions annually to almost half that much. Now Morgan (AMAT) forecasts "doubling" (back to $35 billions) within two years. Remember the old mantra, when the semi's catch a cold, the semi equipment sector gets pneumonia. That, of course, creates the wild price gyrations in the sector and with it, for the nimble, very large profit opportunities. However, once we all get to "understand" the cycle, it will surely change (VBG). Zeev

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