Veeco Instruments-Who? Message Board

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Technology Stocks : Veeco Instruments-Who?

VECO 30.35

-0.8%

Nov 12 3:59 PM EST

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To: Iceberg who wrote (2819)	5/9/2000 4:40:00 PM
From: macavity	of 3069

your welcome. maybe it is hard to say with these lockups. In the short-term sometimes a stock gets trashed sometimes it doesn't. My bet is that it will underperform a benchmark (COMPX) for the next couple of months as the stock finds its way onto the market. The only thing you can say is that there are about 8M x 0.43 shares that people bought well below this level. If they want out they can do so now; if its good value they may hold on in. VCs usually get out as soon as possible so look at the large institutional holders of CVCI. insidertrader.com. My view is don't be long if you don't have to be. And sell anything that looks like a short squeeze for the next 3-6 mths. Look at AKAM and other recent lockups, there is no real rule apart from be very careful. This is harder as the stock has merged with a company 4 times as big. This would be excellent news to insiders looking to sell, so this probably wont last 3 - 6 mths. -macavity

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