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Technology Stocks : Veeco Instruments-Who?
VECO 27.97+2.1%3:27 PM EST

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To: Jerome who wrote (2702)2/10/2000 6:52:00 PM
From: All Mtn Ski   of 3069
 
I really like this line:

''In November, we entered the rapidly growing optical telecommunications market with our Ion Tech merger,'' continued Mr. Braun. ''We are now the leading provider of ion beam deposition equipment to the high growth DWDM optical thin film filter marketplace. Ion Tech's bookings increased from $9.0 million in 1998 to $37.1 million in 1999, with a current order rate running at $50 million forecasted for 2000.''

That is some solid yr-yr revenue growth for Ion Tech. Truely a deft purchase by VECO, and one of the main reasons I still hold VECO.

Go VECO!!

Tom
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