Veeco Instruments-Who? Message Board

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Technology Stocks : Veeco Instruments-Who?

VECO 29.00

-0.8%

11:03 AM EST

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To: Stitch who wrote (1068)	3/14/1998 11:36:00 PM
From: ET	Read Replies (1) of 3069

if you look at some of the takeovers that have been happening in the high tech arena you will see that paying 3 times sales is not excessive... .lucent just paid 6oo million for some company that had 70 million in sales... ..some folks, including me thought veeco paid too much for wyko[private company] so we sold our holdings....that was the bonehead move of the year ..the stock went from 30 to 80 in 9 months.. ...so don't over think these moves by veeco,ed braun has been in this business for 40 years he knows what veeco needs...you will find out that this purchase of digital instruments is a very good one... ....

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