Veeco Instruments-Who? Message Board

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Technology Stocks : Veeco Instruments-Who?

VECO 29.24

-0.1%

3:59 PM EST

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To: Zeev Hed who wrote (1774)	2/7/1999 11:20:00 AM
From: Berk	Read Replies (1) of 3069

Zeev If we have another min-melt in the tech sector as you speculate might happen, they will have botched it big time by not selling five million shares! Seriously, though, I would say the jury is out because if they use the proceeds to acquire a company that is a good fit at a good price then it was a wise decision. As others have pointed out this move has favored AMAT, NVLS, TER, KLAC and a few others at all time highs and as a consequence there are still good acquisition candidates out there in the public sector. I suspect it's even better in the private sector.

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