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Technology Stocks : Veeco Instruments-Who?
VECO 29.22+4.1%Nov 25 3:59 PM EST

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To: Mark Ivan who wrote (2629)1/12/2000 4:31:00 PM
From: All Mtn Ski  Read Replies (1) of 3069
 
Mark,

As ever the optimist, I am hopeful of a break-out over 50. If that happens, resistance would have been broken and VECO can approach the valuation of its peers. I do think rate fears will be a wet blanket, but the market is close to pricing in a 50 basis point rise in FEB, so we may even see a relief rally. By today's action, it looks like the internuts are the ones correcting, and going down significantly. All I can say is "About time!" Perhaps the cash raised from selling the concept stocks will flow to real stocks with real earnings aka VECO, AHAA and others.

Tom
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