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

To: ET who wrote (1041)2/25/1998 9:20:00 AM
From: Phil Jacobson  Respond to of 3069
 
Doesn't say that much on the site.

"Our pick of the week is Veeco Instruments (VECO), which we rate Buy with a 12 month target of $49 based on about 25x oru '99E of $1.95 and Veeco's longer term positive outlook and the pending merger of privately held Digital Instruments. We provide more detail in a handout."

I don't have the handout.

Phil



To: ET who wrote (1041)2/25/1998 5:01:00 PM
From: Phil Jacobson  Read Replies (2) | Respond to of 3069
 
Man, am I glad I looked at that DLJ research note last night. Bought this morning at 33 1/2 and it's already up to 35 1/2! Looks like I landed on a good one :>

There was an announcement today (can't remember who) about a new technology that will allow significantly smaller (i.e. faster) chips in 2001. I think VECO went up as they should benefit from this.

Phil


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