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: Zeev Hed who wrote (2845)	7/31/2000 6:25:39 PM
From: orkrious	Read Replies (1) of 3069

A few brokerage comments were likely responsible for today's move. From Briefing... Veeco Instrmnts (VECO) 77 +4 3/4: -- Update -- Needham & Co reiterates BUY; ups price target to $106 from $82 Veeco Instrmnts (VECO) 77 1/8 +4 7/8: -- Update -- UBS Warburg reiterates BUY rating and raises price target from $75 to $90; Firm foresees clear acceleration of the optical telecommunications business, a solid position in metrology and improving prospects in data storage. Veeco Instrmnts (VECO) 72 1/4: Merrill Lynch upgrades to NT BUY from NT ACCUMULATE rating saying the sum of the parts valuation shows that the stock could trade to $146 within 12 months; raises estimates for FY00 to $1.40 from $1.35 and FY01 to $2.85 from $2.65.

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