Veeco Instruments-Who? Message Board

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Technology Stocks : Veeco Instruments-Who?

VECO 29.28

-0.1%

3:59 PM EST

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To: Mark Ivan who wrote (1967)	3/24/1999 1:51:00 PM
From: Zeev Hed	Read Replies (3) of 3069

Mark, I have been warning about the tie up of VECO with the DD market and I believe that VECO's recent collapse is indeed tied to that group. Furthermore, VECO's ties with IBM are weakening, and thus the IBM/EMC deal can be construed as a temporary set back for VECO. Having broken through $35 the next resistance is $27, which I am pretty sure we will see in the next two months (after a little bounce here going into "window dressing" and very early April 401 K money flows), and we might even go to the low twenties. Zeev

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