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Technology Stocks : Veeco Instruments-Who?
VECO 28.56-1.9%Dec 31 3:59 PM EST

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To: Zeev Hed who wrote (1969)3/24/1999 5:41:00 PM
From: Mark Ivan  Read Replies (2) of 3069
 
Zeev,

I would have guessed the action in VECO today is what you live for. Big volume, panic selling?, dragonfly Doji....all good things from a technical standpoint. I still agree that the next few months could get nasty, but I think today was a good buying oppurtunity when it was down -7 plus. I had a GTC go thru at 36 and bought more at 34. Since I am in your camp on the April drop, I will most likely sell some of my holding in the near future. I think (I forget the name) was right on the Mohan board. The DOW takes a big drop to lure in the bears, we climb back up end of month, begining of next to 'shake them out', and then wamo. This would coorespond with your 401K influx. At any rate, VECO from 34 to 38 in 1/2 day "ain't too shabby"

Jumped in RMBS today at 62 (I know you wouldn't agree), but did sell the April 60's for $7. Those premiums are just too tasty.

PS> what is "window dressing"???

Mark
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