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To: timwa who wrote (6763)	10/1/1998 6:19:00 PM
From: brent gephart	Respond to of 9695

Great article, I specially like this part about IBM and Seagate. At Veeco Instruments Inc., "our hard-disk drive business is much stronger [now] than our semiconductor business," declared Debra Wasser, director of investor relations for the Plainview, N.Y., company. Veeco gets half of its revenues from the mass-storage business and one-quarter from the semiconductor industry. The fastest growth is coming in metrology equipment, which is projected to gain 25%-30% and represent two-thirds of the company's sales this year. Most of that gain is coming from sales to some of the largest suppliers of data storage equipment: IBM Corp. and Seagate Technology Inc., for example, where its metrology gear is now being used to turn out next-generation magnetoresistive heads. "Diversification has helped us during this downturn," Wasser noted.