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Technology Stocks : Veeco Instruments-Who?
VECO 29.11-0.4%9:52 AM EST

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To: Mark Ivan who wrote (2530)11/10/1999 5:34:00 PM
From: All Mtn Ski  Read Replies (1) of 3069
 
Mark,

I have been doing some research into the Fiber Optic suppliers such as SDLI, JDSU, ETEK and others. What valuations!!! If VECO really gets its name out as a fiber player, we could just be starting to see the value the Street will put on this company. JDSU sports a $43 billion market cap, or about 43X revenues. 20X VECO's revenues would be $279.20 a share. Not that VECO is a pure play on optics, hardly. But over time as the optics business gets to be a larger portion of their business, the valuation could rise accordingly. Once again I have to say VECO management is doing the right things and I am a happy shareholder.

Tom
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