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Technology Stocks : Veeco Instruments-Who? -- Ignore unavailable to you. Want to Upgrade?

To: Carl R. who wrote (2178)	6/17/1999 11:48:00 AM
From: Mark Ivan	Read Replies (1) \| Respond to of 3069

Yes, As usual, the market does the opposite of what you suspect. My guess is with the ^Soxx taking off and the lure of a summer rally, it was viewed as a good time to buy into VECO at a bit cheaper price. I am still not sure of the market and basically selling covered calls at $5 strike price increases as the stock moves up to an ATM condition. It is expensive commission wise, but I may be buying a new house soon and need to remain somewhat conservative and also raise some cash for the Fall crash of 1999 (VBG) MArk