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Technology Stocks : Veeco Instruments-Who?
VECO 27.39-4.1%Nov 18 3:59 PM EST

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To: Donald B. Fuller who wrote (76)10/9/1996 3:43:00 PM
From: Scott Maxwell   of 3069
 
Waking up the thread. It's earnings season again, and there hasn't been much public news from the company one way or the other.

The stock has risen 40% from July lows, but is still well below its highs of last year despite continual improvements in revenues and earnings. Of interest this quarter will be any indication that bookings are down. IBM's close working relationship with the company continues to pay off in orders and technological cooperation.

I think it's still undervalued. If the earnings report indicates a return to growth in bookings, it's a great buy.
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