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Technology Stocks : Veeco Instruments-Who?
VECO 34.09+2.4%3:59 PM EST

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To: Carl R. who wrote (1398)8/19/1998 10:11:00 AM
From: Zeev Hed  Read Replies (1) of 3069
 
Carl, it is not so much the option expiration pressure on VECO itself, it is on the market in general and the SOX in particular. The SOX is already down more than 5 today, and I am afraid it is more or less the end of this rally. I thought it could go to a full 50% retracement (about 8900 or so), but the market seems to be meeting selling pressures already.

Zeev
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