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


To: Mark Ivan who wrote (2570)11/27/1999 1:43:00 PM
From: All Mtn Ski  Respond to of 3069
 
Mark,

I think VECO will make another attempt at 50, and hold it. I think the recent action is the people who got in between 25-35, taking some profits. That's fine, the people who are buying those shares are creating support here above 40. VECO has several things going for it, good earnings and a low fundamental valuation. Throw in the 3 markets it serves (all key technological drivers IMO), and we should have a stock that hits new all-time highs later this spring. Of course, that assumes that the market does not tank.

Tom



To: Mark Ivan who wrote (2570)11/28/1999 2:46:00 PM
From: All Mtn Ski  Read Replies (1) | Respond to of 3069
 
VECO short interest:

viwes.com

Surprisingly, it has grown to over 1 million shares. I thought some of those gaps up was some covering, but I guess not.

If we continue to move higher, these people may have to add to the move.

Tom