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

To: Sam who wrote (1501)9/14/1998 8:06:00 AM
From: Zeev Hed  Read Replies (2) | Respond to of 3069
 
Sam, but relative to the industry (at around .7) and AMAT, which is down well below 1 it is not bad at all. My worry is that VECO is so "highly" valued relative to its peers that it could easily be smacked very hard if a bit of negative news surfaces.

Zeev




To: Sam who wrote (1501)9/14/1998 7:44:00 PM
From: Donald B. Fuller  Read Replies (1) | Respond to of 3069
 
>>According to Veeco's quarterly statement that I got a couple of days ago, their BTB was .98 at the end of last quarter. Not a good sign.>>

Are you kidding? In this market, a btb of 0.98 is great. I own some (well, one actually) companies with btb's more like 0.28. Those are the real white knuckler-screamer roller coaster rides.

Don


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