Veeco Instruments-Who? Message Board

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Technology Stocks : Veeco Instruments-Who?

VECO 29.23

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Nov 26 3:59 PM EST

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To: Carl R. who wrote (2342)	7/31/1999 9:06:00 AM
From: Zeev Hed	Read Replies (2) of 3069

Carl, as I said earlier, VECO is pretty good at buying companies cheap and absorbing them organically. I do not know anything about OptiMag, they seem to be a real start up company, not even 2 years old and probably starved for cash in this DD slump, hopefully VECO saw there something that with their own strong financial position can be leveraged to something serious. As far as the price of the stock, I still maintain that we have a good chance of testing at least the $25 area, and possibly much lower ($22?) if the current malaise continues through the end of August. Long term, it is an underpriced jewel, IMHO. Zeev PS, did you see the disastrous results of WFR? I think there is a real and present danger they will not make it past the next semi slump. Zeev

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