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: Mark Ivan who wrote (2593)	12/16/1999 6:25:00 PM
From: All Mtn Ski	of 3069

How about this release: Maxtor sees better than expected Q4 MILPITAS, Calif., Dec. 16 (Reuters) - Maxtor Corp. said on Thursday it expects to lose less money in the fourth quarter than had been expected because of strong demand for its hard disk drives. Maxtor, based in Milpitas, Calif., said it expects to report a net loss per share of 18 cents or less, compared to the Wall Street consensus estimate of a net loss of 45 cents per share for the fourth quarter. Unit shipments and revenue will also be up significantly from the 5.9 million units and $589 million in sales it reported for the third fiscal quarter, the company said in a statement. In addition to strong demand, Maxtor said it was benefiting from the price increases it initiated earlier in the quarter. biz.yahoo.com I wonder if this will help VECO, surely it can't hurt!!! Tom

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