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


To: Mark Ivan who wrote (2721)2/17/2000 4:14:00 PM
From: Donald Wennerstrom  Read Replies (1) | Respond to of 3069
 
Last Wednesday, just 6 trading days ago, VECO closed at 64.50 "taking out" the old 1999 high set on 1/20/99 at 62.25. Today it "took out" its previous all time closing high of 72.50 set on 9/12/97. Should be "clear sailing from here on!!

To me, VECO looks like it has a lot of room to grow. The stock has a good growth history established over several years, and the management team appears to be first rate. At least they have been making the right moves over that period of time to keep VECO growing through some difficult times. Their new acquisitions have really paid off this past few months and they look like they will continue to do well going forward.

Are their any different "takes" on the present situation? I look for them to double from here, but I have no prediction as to how long it will take. IMO VECO is a good long term holding.