Veeco Instruments-Who? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Veeco Instruments-Who?

VECO 30.39

+4.2%

Nov 7 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mandinga who wrote (2871)	9/27/2000 4:25:43 PM
From: Zeev Hed	Read Replies (2) of 3069

I have been saying this since May, my critical point was AMAT holding the $78 level then (now that level may become an overhead resistance). By the way, this does not mean that we have reached the maximum in equip. shipment, that will probably take some more time. From a fundamental point of view, there are a number of other parameters. The chip industry is spending on cap ex well in excess of its depreciation charges and in excess of 20% of sales (currently, the figure for cap -ex for 2000 are at around $55 to $60 B but sales will be about $200 B). The BTB ratio has passed its peak (1.41 or 1.43 if memory serves) few months back, and typically a peak in the BTB correspond with a peak in the stocks prices, not a peak in shipments. Starting next ear we are going to see difficult growth comparison to this year (this year we could often expect 50% to 100% YOY increases but next year, these may not be greater than 20% and in many cases already going negative (see KLIC and PRIA, if memory serves). All signs of a peak in the cycle. Zeev irrevolute.iuma.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next