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Technology Stocks : Veeco Instruments-Who?
VECO 27.39+3.8%Nov 21 9:30 AM EST

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To: Denice who wrote (2739)2/29/2000 5:26:00 PM
From: Jerome  Read Replies (2) of 3069
 
>>>Are you staying in this stock or taking your profits now?<<,

I'm staying and at the same time trying to figure out how to add more without killing off the other winners. Here's why:

Veeco has exposed its game plan. They plan to grow dramatically internally and through selected acquisitions. In the past year they have done the following:
2/29/00 acquired CVCI... 1/28/99 acquired Monarch Labs... 1/28/99 acquired Slider Level Crown... last month finalized Ion Tech.
What impresses me is that all of these companies have very positive earnings. Some where in the next few days I'll try to figure out just how many acquisitions Veeco has done in the past two years. As it now stands Veeco will have sales of over $400 million. with the growth of Ion Tech and future acquisitions Veeco will be a billion dollar company in revenues. (probably within two years)
Now if this keeps up I'll be able to afford a second mule. May even take'em both on a cruise.

H.L. Mencken had it right, when he said, "second marriages represent the triumph of hope over experience" Thank goodness he didn't say anything about mules.

Regards, Jerome
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