SI
SI
discoversearch

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 33.11+4.3%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: advinfo who wrote (1702)1/7/1999 10:49:00 PM
From: Donald B. Fuller  Read Replies (4) of 3069
 
>>A pure holder of this stock would leave an incredible
amount of profit on the table.>>

Scuse me? I basically have been one of those since 1995 and I'm up 3-fold/share in VECO x about 10 times my original number of shares (and have paid virtually zip in Cap Gains taxes). I buy every time the market lemmings puke and laugh all the way back up. (About a dozen buys versus two teeny-weenie sales.)

So, every time it goes back up, there are more VECO shares taking the ride. Still, I suppose I may throw a few VECO scraps to those who still think its a buy here. Even I, one of the all-time VECO fans, think it could be a little ahead of itself here.

I'd have an easier time taking profits if:
A) I did not have such contempt for the tax man
B) I had a calmer temperament for watching something double again after I've sold it
C) I wasn't so convinced that extreme volatility may actually be turned to one's advantage, if one has the stomach for it.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext