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Technology Stocks : Semi Equipment Analysis

SOXX 291.39

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Nov 26 4:00 PM EST

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To: Donald Wennerstrom who wrote (5561)	9/22/2002 10:11:55 PM
From: Zeev Hed	Read Replies (1) of 95480

Don, I fear the data for VECO do not include yet the massive goodwill the recent acquisition involves, I think the goodwill is in excess of $500 MM, but without knowing how much the :tangibles" are "marked up" on the books, one really does not know. At the time of the acquisition I made a fast estimate and came to the conclusion that the tangible book could be negative. (http://www.investorshub.com/boards/read_msg.asp?message_id=415971). Zeev

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