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Technology Stocks : Veeco Instruments-Who?
VECO 33.10+4.2%Jan 9 3:59 PM EST

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To: Zeev Hed who wrote (1718)1/11/1999 7:31:00 PM
From: orkrious  Read Replies (2) of 3069
 
Anyone catch this? Note the last few words.

biz.yahoo.com

PLAINVIEW, N.Y., Jan 11 (Reuters) - Veeco Instruments Inc. said Monday it has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 3.58 million shares.

Of that amount, one million shares will be offered by the company and 2.58 million by stockholders, the company, which sells Metrology tools, said in a statement.

The managing underwriters of the offering will be Merrill Lynch & Co., Donaldson, Lufkin & Jenrette, NationsBanc Montgomery Securities LLC, Salomon Smith Barney and SoundView Technology Group.

The company and the selling stockholders have granted the underwriters an option to purchase up to an additional 536,250 shares to cover any over-allotments.

Net proceeds from the offering will be used for capital expenditures, working capital and other general corporate purposes, including potential acquisitions.
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