Silicon Investor (SI) -- The First Internet Community

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? -- Ignore unavailable to you. Want to Upgrade?

To: Carl R. who wrote (2342)	7/31/1999 5:42:00 AM
From: Stitch	Respond to of 3069

Carl, No comment on the latest Veeco acquisition until I see more details (like what will they pay). Optimag's product is new and has not been widely sold into the market but the technology is interesting. Wait and see I guess. Best, Stitch

To: Carl R. who wrote (2342)	7/31/1999 9:06:00 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 3069

Carl, as I said earlier, VECO is pretty good at buying companies cheap and absorbing them organically. I do not know anything about OptiMag, they seem to be a real start up company, not even 2 years old and probably starved for cash in this DD slump, hopefully VECO saw there something that with their own strong financial position can be leveraged to something serious. As far as the price of the stock, I still maintain that we have a good chance of testing at least the $25 area, and possibly much lower ($22?) if the current malaise continues through the end of August. Long term, it is an underpriced jewel, IMHO. Zeev PS, did you see the disastrous results of WFR? I think there is a real and present danger they will not make it past the next semi slump. Zeev