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

To: Mookie Pierce who wrote (2246)	7/9/1999 12:15:00 AM
From: Jerome	Respond to of 3069

Mookie, Thanks for the post of the upgrade. I bought more today. Had to sell some Oracle to do it. When good companies get downgraded I just try to find the funds to buy in. Oracle and Oracle options led my portfolio last month, and it will be VECO this month. It was my impression that the option prices on VECO did not drop as much as the stock price did.I was hoping to find a bargain in the options, but no luck there. My strategy here is to wait until VECO gets to 35 and then write the 35's one month out.Should be able to net out after commissions 20 to 25%. Good Luck, Jerome