Veeco Instruments-Who? Message Board

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Technology Stocks : Veeco Instruments-Who?

VECO 30.54

+6.9%

3:59 PM EST

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To: Zeev Hed who wrote (1881)	2/19/1999 7:40:00 AM
From: Mark Ivan	Read Replies (1) of 3069

A jump to 52 would be fine for me. I just love the call premiums on VECO; some of the best in the business. I'll probably just write some calls again. I have been following RMBS and had a target of 65 for my first buy. Of course I was impatient and bought at 67.5 yesterday, but immediately sold the Mar 70 Calls. Got 5 1/2, so the way I figured it is if I get called out, I make 8 pts and if I don't, my basis is 62 on a stock I want anyway long term. I may make another buy this morning, but with the rapid drop, I think that 50's may be coming. Just read in the paper this morning that $1.3MM are parked in money market funds at this point and will eventualy find it way into equitys, further fueling the bull market. As far as the turnips go, I commend them on a good (but not great) call. As I remember, they were predicting a nice tech ralley and then the swoon. Still not sure we will get that rally. I dumped 1/2 of my mutual funds end of day yesterday to raise cash (just in case). Can you belive I had a mutual fund that LOST money over the last 4 years?? Incredable. (Small cap fund) Mark

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