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Technology Stocks : Veeco Instruments-Who?
VECO 32.27+0.3%Dec 9 3:59 PM EST

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To: Zeev Hed who wrote (2115)5/14/1999 11:04:00 AM
From: Carl R.  Read Replies (1) of 3069
 
Zeev, the key RMBS question is whether or not the product turns out to be a dud, as it appears it will be. The shorts have grown substantially on it, which indicates that the smart money believes the product will fail in the market. Usually they are right. Just as APM had a surge to 36 on a short squeeze, RMBS may have one or more short squeezes. However in the end the price will be determined by the success or failure of the product, and the day of reckoning for RMBS is fast approaching.

Good luck in VECO. <G>

Carl
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