Veeco Instruments-Who? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Veeco Instruments-Who?

VECO 32.04

+1.7%

Dec 5 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Zeev Hed who wrote (2157)	6/4/1999 11:35:00 AM
From: Carl R.	Read Replies (1) of 3069

Well Zeev, I am back on the side of your rally into next week. I gave up a point on VECO, but I'm back in. I'm also playing a novel little company PVAT that reminds me of a lesson that I learned from another ghost from the past, NETVA. Unlike NETVA, they have substantial growth and history of earnings, but are trading at a trailing PE of 7. Why? Because they have a warrant call due on June 8 at 2. With 13 million shares out, and 5.5 million warrants, the price is being sucked down to 2 like a big vacuum. The warrants are trading at a negative premium, demonstrating the downwards force. After Tuesday I expect a substantial pop to 3-4, just as NETVA popped up a couple points immediately after the warrant call. (Actually they popped the day of the warrant call). Carl

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next